BITCOIN The MACD showing its a scalper's paradise

A lot of talk is being made lately on whether or not Bitcoin (BTCUSD) has made a bottom. Until the market shows a clear sign for that, the MACD indicator on the 4H time-frame is flashing a very reliable scalping signal. As you see, every time since late February that the 4H MACD hit or marginally went below the distant Support Zone and made a Bullish Cross, BTC turned sideways into consolidation within the 4H Bollinger Bands.

So what the market is telling traders is that until BTC bottoms, good scalping opportunities exist on the short-term for those who can apply sensible risk management. Take advantage of this MACD signal.

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