Bitcoin’s ‘MACD’ Indicator Threatens Long Term Bullish Bias as Rate Hike Fears Linger

“The correction is pushed by macro components, particularly anticipated charge will increase and liquidity tightening from the U.S. Fed. The 60d correlation between BTC and the S&P 500 was just about 0 on the finish of 2017 – now, it’s over 65%,” Noelle Acheson, head of market insights Genesis International Buying and selling, mentioned in a LinkedIn publish titled “Did You Say Crypto Winter.”