Bitcoin's MVRV and weekly MACD flash bullish signals for first time in months
- —MVRV momentum flipped green on Oct. 13 with a reading of +0.07
- —Weekly MACD rose above zero for the first time in 44 weeks
- —BTC trades at $81,679, below the key $83,094 chart level
- —CryptoQuant analyst consensus index climbed from -18.3 to +49.2
Why it matters: The signals point to a possible trend shift, but historically the MACD has preceded both major rallies and false reversals.
Source: BeInCrypto CN