According to online reports, Coindesk analyst Omkar Godbole said that the Bitcoin weekly MACD histogram has exceeded the zero-axis, indicating that bullish momentum has re-strengthened. The bullish signal coincides with Bitcoin's rebound from its 50-week simple moving average (SMA), which is exactly the same as it did in mid-2024 and early 2023, when BTC subsequently saw significant gains. Analysts said that in the past five years, MACD has entered positive territory five times, with only one false signal (circled in the figure) appearing in March 2022, causing bulls to misjudge the market direction.