BTC SSR MACD Crossovers Signal Major Price Shifts: What Lies Ahead?

Mapping BTC Price Shifts

The Bitcoin (BTC) Stablecoin Supply Ratio MACD indicator has resurfaced due to the likely tremendous movement of the cryptocurrency market.

The BTC SSR MACD crossover has historically predicted the BTC price trend of instability when it crosses the bullish or bearish pattern to change the market trend.

The historical data shows that bullish crossovers of the BTC SSR MACD have espoused significant price rallies in the past.

Interestingly, the MACD crossover towards the late 2020 and the early 2021 bullish cycle happened when Bitcoin was at $60,000.

Bitcoin’s price then followed this signal and was approaching the $100k mark when it ran into resistance.

Looking at the chart data, the day of the bullish crossover was also the day of positive stablecoin inflows, which increased buying power.

Demand soared as investors turned stablecoins to Bitcoin. CryptoQuant analysts highlight that positive macroeconomic factors such as growing institutional adoption, as seen with Bitcoin ETFs and rising retail investment, also provided more bullish momentum.

Nevertheless, it is essential to point out that although the rally started from the crossover, other market conditions external to the stock itself played a significant role in maintaining the upward trend.

Bearish Crossovers: Declines During $20K–$30K Price Fluctuations

Although bearish crossovers of the BTC SSR MACD have historically predicted price drops, a bullish signal would be a cross of the MACD price histogram above the signal (red on the chart).

When high volatility was between $20,000 and $30,000, bearish crossovers correctly predicted downward trends.

From mid-2022, you had a bearish crossover right before the Bitcoin price dropped from $30k to below $20k.

Bitcoin Chart | Source: CryptoQuant

Bearish crossovers always correlate with price drops. This indicates that the BTC SSR MACD should serve as a być watch for sell signals.

BTC SSR MACD crossover is a possible indicator that traders can take advantage of possible price movements.

If stablecoin inflows continue to increase, the crossover here for long-term investors could be the early part of a new accumulation phase.

What Lies Ahead for BTC Price?

Looking at analyst data, we see that Bitcoin maintains a position inside a bullish pennant pattern, which suggests it will keep the uptrend intact.

A price move will be crucial because the pennant formation appears after a powerful rally while Bitcoin approaches its critical apex.

Price ranges that tighten up indicate volatility reduction before markets move substantially.

A bullish breakout is expected when Bitcoin breaks through the upper trendline. This will create a continuation of its rising price action.

Strong buying interest emerges from the remarkable positive trading volume during the price upticks.

The analyst believes a higher-level upward price movement becomes possible due to strong buying support indicated by this pattern of volume numbers.

The validity of the breakout requires traders to observe confirmation signals beyond the resistance level because a lack of breakout strength may result in price reversal.

The validation of Bitcoin’s next sizable price movement depends heavily on continuously observing market volume and price fluctuations.

The post BTC SSR MACD Crossovers Signal Major Price Shifts: What Lies Ahead? appeared first on The Coin Republic.

   

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