the bullforce of 2017 vs the bullforce of today

BITMEX:XBT   Bitcoin / US Dollar Index
there is a bearish divergence on the top which implies that the bulls lack the power to ignite a bigger trend upwards without a big selloff first. There are still some days (~2-4) before a clear trend will show itself. However the trend slightly hints that a bearish force is growing. This means we're most likely heading to a correction, possibly bigger than the one that happened in the 2017 circle. This signal stays valid untill the bearish twin picks of the AO resolves itself.


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