BTC - TA V/S FA - Who will win?
We have a unique scenario here.
There is a bearish divergence as per technical analysis but fundamentals suggest otherwise.
As you can historically whats happening.
Price makes a Lower high but RSI shows a Higher high.
This is bearish divergence.
As soon as it hits the trendline, it pushes the price down.
But fundamentally situation is different now
as we have impending BTC ETF approval coming up
in next few weeks.
There is a bearish divergence as per technical analysis but fundamentals suggest otherwise.
As you can historically whats happening.
Price makes a Lower high but RSI shows a Higher high.
This is bearish divergence.
As soon as it hits the trendline, it pushes the price down.
But fundamentally situation is different now
as we have impending BTC ETF approval coming up
in next few weeks.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.