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CryptoKidCMT

RSI Bullish Divergence on Bitcoin to bring back the Bull Market?

Long
Bitcoin (BITSTAMP:BTCUSD)  
CryptoKidCMT  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators rsi_divergence BTCUSD Bullish Patterns bullrun
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trendanalysis chartpattern indicator rsi_divergence btcusd bullish bullrun
The RSI is forming a bullish divergence on the weekly chart for Bitcoin, we saw previously at the ATH and the prior high before that, formed a bearish divergence on the weekly chart and resulted in the current bear market that we are in. Therefore, the bullish divergence on the chart above may cause a significant upward movement on the price of Bitcoin, although fundamentals may seem weak.
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