BTC Price Outperforms S&P 500 This Week: Correction Coming for Both Assets? (April 9 Update)
Source: TradingView
In the weekly time frame it’s still all to play for, although it has to be admitted that the bears still have the upper hand as long as the price stays within the bear flag.
In contrast, the MACD reveals that the blue indicator line is still shaping to cross back above the red signal line. Will this change by the end of this week as bullish momentum potentially begins to falter?
Things will have to go one way or the other in the next week or two, and the direction that is eventually taken could be the one that dominates for the next couple of months or more. Which will it be?
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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