MACD is nothing else then a lagging indicator... It's the same as looking at the chart and say "Oh wow it goes up!" ... It's just visualized for the blind trader...
Yes, and looking at both the 4Hr MACD, and the Price Action, we can see huge bullish negative divergence.
That to me suggests a test of the 61.8% correction retracement zone, so at least around the $450 zone....
True, Bitcoin has had a massive rise, but also an almighty correction, that took it down to levels just above the support zone in the lower $300s. From the break out from $335 past resitance point, Bitcoin is still down around 75% of the total gains that it made, I think it would be foolish to think that it isn't set to test much higher resitance levels towards the next break out zone at $500.