Crypto Analyst: Bitcoin MACD Being Overextended is Bullish, But Consolidation is Due

Bitcoin has once again become the subject of water cooler talk at banks and brokers once again, following a massive price surge at the beginning of April, that saw the value of the leading crypto by market cap rise by over $1,000 over the course of an hour.
The powerful move created a higher high on the charts, and caused some technical analysis indicators to flip bullish for the first time in over a year. Another indicator, the MACD, is showing that Bitcoin buying is currently overextended. A p