UnknownUnicorn3062184

expecting an important correction

BITFINEX:BTCUSD   Bitcoin
as charts shows we can see a pretty big hidden bearish divergence on weekly rsi. heavy retrace is to be expect.
I'd be cautious, just after 150% up move from 3.2k most people calling for a bottom.. we'll see.
Comment:

some old hidden bearish div on daily
Comment:

this may be likely a proper set up to retrace.
high volume on left shoulder, and descending volume on the head as this pattern must be.
Comment:

around 5.7k next target
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