Cryptocurrency analyst Frank said that Bitcoin (BTC)'s MACD (Moving Average Convergence Divergence) is turning positive, suggesting there is room for a short-term rebound based on past patterns. He stated via X, "BTC MACD is turning positive. It's time for a meaningful relief rally." The chart he attached also shows instances where, after MACD turned positive in the past, BTC rebounded from around $85,000 to $97,000, and from around $65,000 to $82,000.
