Historically Bearish Technical Formation May Spell Trouble for Bitcoin Bulls

Bitcoin’s recent upwards momentum has led to a massive shift in the overall sentiment surrounding the crypto markets, as enthusiasm is tepidly increasing as more investors believe that the BTC’s 2018 lows are truly a long-term bottom.
Despite this, one of Bitcoin’s fundamental indicators is currently flashing a bearish signal that has historically been followed by large retraces, which could put BTC’s recent price surge in jeopardy.
Bitcoin (BTC) Climbs to Over $5,300 as