BTC is in a giant falling wedge pattern for over a year now and has recently been forming bullish divergence on the weekly chart. The price is closing lower, but the RSI is moving up. This is telling you that momentum is starting to shift.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.