BTC is currently making lower highs but taking support around the crucial level of $76600-78000.
Looking at the RSI, we can observe that the RSI has played out enough and screaming bullish divergence.
A sudden plummet might sweep all the liquidity and BTC can pivot to move towards its $100k level.
This correction is a bullish divergence in disguise.
Looking at the RSI, we can observe that the RSI has played out enough and screaming bullish divergence.
A sudden plummet might sweep all the liquidity and BTC can pivot to move towards its $100k level.
This correction is a bullish divergence in disguise.
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Disclaimer
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.