HomeLitecoinBitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies

Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies

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“The monthly chart of bitcoin shows a pending overbought downturn in the monthly stochastics. If confirmed at month-end, it would be a negative catalyst, suggesting the trading range marked the end to the cyclical uptrend from the 2022 low,” analysts at Fairlead Strategies said in a note shared with CoinDesk Wednesday.



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