Bitcoin (BTC) Uptrend From 2022 Low Threatened By ‘Imminent Stochastics’ Signal: Fairlead Strategies

Bobby Cirus

Bitcoin (BTC) Uptrend From 2022 Low Threatened By ‘Imminent Stochastics’ Signal: Fairlead Strategies

“Bitcoin’s monthly chart shows an impending overbought decline in monthly stochastics. If confirmed by month-end, this would be a negative catalyst, suggesting the trading range marks the end of the cyclical uptrend from the 2022 lows,” analysts at Fairlead Strategies said in a note shared with CoinDesk on Wednesday.

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