HELLO GUYS...
Despite the good performance of Bitcoin in the last two days and surpassing the MA50 line,
-it hit a very solid resistance crossover that led to its decline now (the rising trend line that turned into resistance, and the original stubborn resistance line at 44500)
-Also, the volume of the last 10 days is decreasing, in contrast to the price movement, and this is negative.
-Also a negative divergence with RSI INDICATOR
Despite the good performance of Bitcoin in the last two days and surpassing the MA50 line,
-it hit a very solid resistance crossover that led to its decline now (the rising trend line that turned into resistance, and the original stubborn resistance line at 44500)
-Also, the volume of the last 10 days is decreasing, in contrast to the price movement, and this is negative.
-Also a negative divergence with RSI INDICATOR
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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.