TradingView
Cryp_Trades
Jun 6, 2022 10:44 AM

BTC Bearish divergence  

Bitcoin / DollarBitfinex

Description

It’s too early to tell but we might face a bearish divergence on the daily timeframe for Bitcoin soon. Once RSI breaks the trend line, one could potentially go short to the bottom of our macro channel. If that channel breaks, 22k (200 MA) is likely. If the divergence does not occur, prices could easily test the 34-35k levels.
More