The macd on the btcusd daily.

Correction in progress, macd reporting a new cycle but we knew this well. Now the thing to do is to wait and understand how long this correction will last, because there are still many buyers. The indicator here is drawing a high and agrees with the price, a signal that the bullish trend is very strong, this is in addition to the other bullish signals we have on btc, including the sequence of highs and lows on intermediate period and time, because by drawing the maximum at 73k usd, the price canceled the previous short-term correction made between December and January. I remind you that it is not enough to have a sequence of ascending highs and lows, but it is also necessary for the price to remain upwards for longer than downwards.