The Bullish Divergence Should Support Bitcoin.
Bitcoin has formed a clear bullish divergence on the daily chart, which suggests a correction to the upside.
The 4h forecast seems to be forming a descending triangle with bias to break to the downside, however recently many bearish formations broke to the upside so I would rather stick with the divergence.
Break of pivotal level of $57820 will invalid this forecast.
The 4h forecast seems to be forming a descending triangle with bias to break to the downside, however recently many bearish formations broke to the upside so I would rather stick with the divergence.
Break of pivotal level of $57820 will invalid this forecast.
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