Bitcoin seeing Bullish Divergence on the 12H Chart...

in bitcoin •  3 years ago 

Bitcoin likely to take off very soon

If we look at recent history, the odds of a move higher for bitcoin seem very good.

Check this out:

image.png

(Source: https://twitter.com/rovercrc/status/1516028448954896390/photo/1)

We can see a bullish divergence on the 12 hour chart between the price action and the RSI.

The last several times we saw a similar setup, the price ended up ripping higher in the not too distant future.

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