Bitcoin Big Decision Time - Rising Wedge and Bearish Divergence
As you can see Bitcoin is forming another rising wedge pattern. Two fractals show the two paths that I believe are possible. RSI has the same bearish divergence as the last breakdown of the rising wedge.
I believe there will be on more pump to the top fractal possibly achieving and 80k bitcoin then a large pullback.
Overall the volume looks weak and the RSI divergence is a signal that another crash is coming.
What are you thoughts?
I believe there will be on more pump to the top fractal possibly achieving and 80k bitcoin then a large pullback.
Overall the volume looks weak and the RSI divergence is a signal that another crash is coming.
What are you thoughts?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.