Another multiday ranging market for BTC?
Strong bearish divergence ended BTC's April Fool's rally. Well done to all of you who spotted that. Price fell but in crypto terms those falls were limited and not surprising given last week's gains. We actually had a little bullish divergence i.e. trend change yesterday but that was not followed through with any meaningful volume. Patience is needed as daily stoch still hasn't bottomed and price action is below the EMA. IMHO we will be trending here for a few days with stop hunts and fake outs a real possibility. This is not investment advice, DYOR!
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