Bitcoin / Tether USDShort
BTC Bearish divergence on 1 W
BTC shows a bearish RSI divergence on 1W. Looks like as it will go into a correction in the upcoming weeks. Even if there is no Chinese ban on domestic exchanges it clearly shows an overbought situation in which most of people invested into bitcoin already put the money in, which they were willing to invest.
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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.