Bitcoin
Short

Looming 5K Bearish Target for BTC

Updated
Ever wondered why BitMEX CEO Arthur Hayes called a 5K bottom before we go moon?
Here's a reason why he could be right. A Hidden Bearish RSI Divergence just showed up which could drive BTC further down to $5,367 before it finally moves up. Sell short after btc breaks below the resistance turned support (the thick white dotted line).

Note: Hidden bearish sign gets invalidated only if BTC price goes above 10K

Goodluck! Not a financial advise.
Trade active
Trend line broken.
BTCBTCUSDhiddendivergenceTechnical Indicators

Also on:

Related publications

Disclaimer