Crypto Analyst Reveals What Would Reject Current Bearish Hypothesis
Since Bitcoin failed to hold above the $100,000 psychological barrier earlier this year, its bullish momentum has gradually unraveled. The pullback has deepened over the past two months, with Bitcoin trading between $75,000 and $79,000 in April. The bullish prospect is becoming very weak, and the crypto sector is searching for technical clarity amidst a buildup of pressure across traditional markets, especially with equities.
Given the situation, crypto analyst Tony Severino noted that the current setup offers one major move that could invalidate an extended bearish momentum.
Tony “The Bull” Identifies Important LMACD Inflection Point To Reject Bearish Hypothesis
According to Tony “The Bull” Severino, the most important chart…
