BYBIT:BTCUSDT   BTCUSDT SPOT
good afternoon ~

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the last month or so has been a chop filled mess.
the bulls are saying the bottom is in,
the bears keep getting liquidated,
while i watch patiently from a distance.

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take note of this daily rsi:

once the daily rsi surpasses the level of which it was at back in march, we will confirm a significant hidden bearish divergence.
if you don't know what a hidden bearish divergence is, let me tell you.
h.d is a bearish continuation pattern -
which means the lows will get taken out.

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the move up has been extremely suspect to me, and i've entertained it from a hundred different angles, but nothing comes close to feeling more right than this current projection right here.


Penafian

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