Possible Bearish Butterfly on Bitcoin The daily RSI shows divergence. Potential reversal for our C point can fall anywhere between 38.2 and 88.6, which line up with one of our sweet spot zones or conviction zone . Our D point would fall at the 127 extension and would complete the pattern
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.