SUMMARY
Here is the 4 hr chart MACD for Bitcoin (BTC). Since December, it's been moving within two contracting lines and is getting closer to the Apex which currently sits on April 17th. A resolution needs to occur and for the bulls, the bottom blue line support needs to hold.
Here is the chart with both MACD and Price showing a very similar pattern. Symmetrical triangles often represent a time phase of indecision. While travelling within the contracting lines, price needs to take direction. It would be interesting to see a higher low in MACD but a lower incremental low in price.
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