Bitcoin Indicator That Predicted 2023 Rally Now Flashing Bearish Signal
• Guppy indicator, which signaled late 2023 bitcoin rally, about to flash bearish signal • Indicator groups exponential moving averages into short and long-term bands to identify trend changes • Bullish-to-bearish flip occurs when short-term green band crosses below long-term red band • Indicator currently signaling growing bearish momentum with bands poised to cross • Previous bull and bear crosses of the indicator brought prolonged price trends in those directions