CoinVoice has recently learned that, according to CoinDesk, analyst Omkar Godbole stated that the Bitcoin weekly MACD histogram has broken through the zero line, indicating that bullish momentum has strengthened again.

The emergence of this bullish signal coincides with Bitcoin rebounding from the 50-week simple moving average (SMA), which is similar to the trends seen in mid-2024 and early 2023—during which BTC subsequently experienced significant increases.

Analysts noted that in the past five years, the MACD has entered positive territory five times, with only one false signal occurring in March 2022 (circled in the chart), leading bulls to misjudge market direction. [Original link]