btc channel breakout retest with hidden bullish divergence
Updated
It seems like bitcoin finally bottomed in this swing low with a higher low and a hidden bullish divergence on the rsi. The previous downtrend channel was broken and retested.
While it looks scary it actually is more bullish than bearish.
While it looks scary it actually is more bullish than bearish.
Note
new channel has formedbreaking down -> bearish
target -> midline
moon -> upper line
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