#BTC

Bullish weekly MACD cross is a very misleading signal, especially in a Bear Market

In the 2022 Bear Market we had 2 bullish MACD crosses:
1. March 2022 (led to a -62% meltdown)
2. August 2022 (led to a -35% final capitulation)

In other words, a bullish weekly MACD cross is a classic Bull Trap in a Bear Market 📉