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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.