Bitcoin’s (BTC) Uptrend From 2022 Low Threatened by ‘Pending Stochastics’ Signal: Fairlead Strategies

“The
monthly
chart
of
bitcoin
shows
a
pending
overbought
downturn
in
the
monthly
stochastics.
If
confirmed
at
month-end,
it
would
be
a
negative
catalyst,
suggesting
the
trading
range
marked
the
end
to
the
cyclical
uptrend
from
the
2022
low,”
analysts
at
Fairlead
Strategies
said
in
a
note
shared
with
CoinDesk
Wednesday.