Bitcoin (BTC) bulls may be in for a disappointment, Fairlead Strategies said, as a monthly technical indicator has flashed an "overbought downturn" signal. The stochastic indicator, developed by ...
Bitcoin's monthly stochastic is teasing an "overbought downturn," indicating a weakening of bullish momentum, according to Fairlead Strategies. Other indicators like the MACD also suggest the same.