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

“Bitcoin Monthly Chart Shows Pending Overbought Decline in Monthly Stochastics. If it is confirmed at the end of the month, it would be a negative catalyst, suggesting that the trading range marked the end of the cyclical uptrend from the 2022 low,” analysts at Fairlead. The strategies said in a note shared with CoinDesk on Wednesday.