BTC - 1W - RSI Breakout & Retest

Bitcoin is retracing, but the RSI has broken out and is heading for a retest.

There's also a divergence between the MACD histogram and price action.

Sometimes things aren’t what they seem.

If Bitcoin forms a higher low and bounces off the 0.5-0.618 Fibonacci retracement, anything is possible…
Chart PatternsTechnical IndicatorsTrend Analysis

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