Cryptocurrencies

Bitcoin Trading Signal That Returned 1,152% Is Flashing Sell

Bitcoin: What’s Coming in the Year Ahead

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One of Bitcoin’s most profitable trading signals is indicating that the cryptocurrency’s terrible start to 2018 is poised to get worse.

An investment strategy based on the Moving Average Convergence Divergence indicator has returned 1,152 percent when applied to Bitcoin over the past 12 months, the biggest gain among 22 indicators tracked by Bloomberg.