Bullish Divergence in play

in bitcoin •  2 years ago 

Bitcoin is tanking, but there is one reason for optimism

While I don't expect the bull market will show up any time soon, there is one reason for optimism.

The bullish divergence appearing on the charts:

image.png

(Source: https://twitter.com/rovercrc/status/1563228356471971841/photo/1)

The price is making new lows but the RSI is not.

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2 years ago by

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      ·  2 years ago 

    We've found Crypto in your hashtags, reshared to @crypto.defrag

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      Upvoted! Thank you for supporting witness @jswit.
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