{"id":66300,"date":"2026-10-07T05:59:55","date_gmt":"2026-10-07T05:59:55","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=66300"},"modified":"2026-10-07T06:02:20","modified_gmt":"2026-10-07T06:02:20","slug":"bitcoin-broke-out-of-the-falling-wedge-the-market-is-now-watching-a-key-signal-on-macd","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-broke-out-of-the-falling-wedge-the-market-is-now-watching-a-key-signal-on-macd\/","title":{"rendered":"Bitcoin broke out of the falling wedge. The market is now watching a key signal on MACD."},"content":{"rendered":"\n

Bitcoin is hovering around $85,000 USD and on the monthly chart, it has completed a breakout from a long-term falling wedge. A similar technical pattern also appeared in previous cycles, and now investors are waiting to see if a bullish crossover of the MACD indicator will confirm it.<\/strong><\/p>\n\n\n\n

Don’t miss: Top 10 Cryptocurrencies Under $1<\/a><\/h3>\n\n\n\n

Falling Wedge Pattern Recalls Previous Cycles<\/h2>\n\n\n\n

On Bitcoin’s<\/a> long-term chart, a similar structure can repeatedly be observed during bear markets. The price forms lower highs and lower lows, with their range gradually narrowing into a falling wedge formation. A breakout above its upper boundary is often viewed by technical analysts as one of the signals of weakening selling pressure and a potential return to an uptrend.<\/p>\n\n\n\n

Similar developments could also be observed in 2019 and 2023. In past cycles, the breakout was followed by a return of the price<\/a> towards the upper edge of the wedge, which then served as a support area. However, such a retest may not occur immediately and, in some cases, could take many months.<\/p>\n\n\n\n

Also read: Coinbase: Cryptocurrency Exchange Review<\/a><\/h3>\n\n\n\n

MACD May Provide Further Trend Confirmation<\/h2>\n\n\n\n

Another monitored indicator is the monthly MACD, which, after a previous bearish crossover, is gradually approaching the opposite signal. A bullish cross occurs when the faster line of the indicator crosses above the slower one. Because MACD works with moving averages, it reacts to price developments<\/a> with a delay and serves more as a confirmation of an already ongoing trend.<\/p>\n\n\n\n

A potential crossover could occur after several months of stable Bitcoin development above current price levels or after a significantly strong bullish month. Meanwhile, the MACD histogram has been shrinking in recent periods, indicating a weakening of previous negative momentum. Investors can monitor the development of similar technical signals, for example, through the analytical platform TradingView<\/a>.<\/p>\n\n\n\n

You might also like: crypto4me review<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is hovering around $85,000 USD and on the monthly chart, it has completed a breakout from a long-term falling wedge. A similar technical pattern also appeared in previous cycles, and now investors are waiting to see if a bullish crossover of the MACD indicator will confirm it. Don’t miss: Top 10 Cryptocurrencies Under $1 […]<\/p>\n","protected":false},"author":7,"featured_media":66292,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[99,988,802],"class_list":["post-66300","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-bitcoin-en","tag-kryptomeny","tag-market"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t