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ImThour
Mar 7, 2022 1:02 AM

$BTC Strong Bearish Divergence 

Bitcoin / TetherUSBinance

Description

Hey everyone,

As you can see, there is a strong Bearish Divergence in the monthly, where RSI started falling from the overbought when BTC made 64K and then it went up however RSI went down.
I think this Bearish Divergence will play a huge factor on the decline in the price of BTC.

Let's see If I am wrong or right in upcoming years.
Thanks for visiting my idea, Like if you actually like it.
Comments
OmarSalman
There is also strong Hidden bullish divergence 🙄
pingygoogs
rsi on monthly is in a falling wedge though
MarsSignals
We expect it to rise a little in the daily time frame and the fall.
MarsSignals
Thanks for the great notice
MarsSignals
Totally makes sense.
XRPGODFATHER
agreed
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