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#Bitcoin $BTC bullish divergence will likely mark next reversal

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In contrast to the last BTCUSD bear market, RSI divergence both bullish and bearish, have been seen in the majority of medium-term momentum reversals in the last year.

RSI divergence not a feature in last #Bitcoin $BTC bear market


I expect the price to stay within the range of this pitchfork. The longer it takes to move lower, the less of a move that will likely be. At the moment a higher low of $4200 to $4400 is definitely in play.

BTCUSD is consolidating at the moment in what will likely prove to be a continuation of the downward movement into the mid to low four thousand levels.

Be a responsible person and make your own decisions about where to put your hard earned money. I am not a financial adviser and this is not financial advice.

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