JOSHEVANS

Bitcoin update: weekly bearish divergence. (pinch of salt)

BITFINEX:BTCUSD   Bitcoin
weekly bearish divergences are nothing to be sniffed at! however, if we go off the previous bull market we saw two weekly divergences before making our blow off top.

currently we have corrected 26%.

Bitcoin has been smashing bearish indicators left right and centre and i think this one is no different and just a small hurdle before we move on to make new highs.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.