TheCryptoHedge

Very (short-term) Hourly Bearish Divergence on BTC

Short
BITFINEX:BTCUSD   Bitcoin
It looks like for the very short-term that Bitcoin is showing a bearish divergence, and we should see some downside. I believe it will be rather short and abrupt before seeing further upside.

This is very short-term, intra-day bearishness.

Long-term I am still very bullish and believe we are seeing the early signs of a returning bull market.
Trade closed: target reached:
Bitcoin looks like it's gaining strength and the second pullback is unlikely.
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