I don't think that we will get a new , but the divergence gives the additional signal supporting the correction movement from the current levels or 6000.00 if the market tries to move higher.
For confirmation the divergence it will be good if the price breaks the local uptrend line. For the confirmation further downward movement, the price will need to break 5000.00 .
If we talk about the long term market movement, it stays .
Can you say anything about where BTC is likely to turn, like closer to 5500 or 6000, based on last hours events?
Seems like a decisive moment now..