BTCUSD two divergence levels have been hit, the last 2 times it made this move they both dipped right here before going higher. I would be careful. Im not for or against btc I just share what the charts are showing me. I do have a divergence line that says this goes to 36k + but I also have paths that say this takes a dip first.the conservative dip is to $ 30k. However this could be a pivot point and it can break out of this path and use it as support versus resistance which would solidify its path to 36k and up.
by iCantw84it
07.24.2021