Breaking of bearish divergence, recovery of BTC price
This is a very simple technical analysis of BTC, looking at the BTC price in the weekly timeframe.
Series of bearish divergence in weekly RSI broken and cause BTC price in a positive way, 2 out of 3 times made new ATH.
No price action will go down or up sharply and we still did not have any meaningful rebound after these drops.
Timeframe would not be predictable but it is obvious not much space and time left
Series of bearish divergence in weekly RSI broken and cause BTC price in a positive way, 2 out of 3 times made new ATH.
No price action will go down or up sharply and we still did not have any meaningful rebound after these drops.
Timeframe would not be predictable but it is obvious not much space and time left
Mehran