Bitcoin is forming a Bullish Hidden Divergence in the 4h chart. I'm still expecting a bounce to 35k before going to lower to break the 29k support.
Note
As expected from the bullish hidden divergence, we bounced up, and now we are going to retest the resistance at 32k. We can either be rejected from this level, or we can continue going up retesting the 34.5/35k level, before continuing the downtrend.
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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.