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CryptoPatel
Jan 30, 2024 5:52 AM

Bitcoin Bearish Divergence Target $30,000 ? Short

Bitcoin / TetherUSBinance

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#Bitcoin Bearish Divergence Into Play

CRYPTOCAP:BTC showing concerning signs, but I remain long-term bullish despite short-term uncertainties.

Bearish divergence + RSI below resistance could spur pullback if 44k fails.
If so, watch 43.5k-44k level.
Lose that and we may see 30k
But hold> 44k = rally to 51k.

Weigh scenarios carefully friends.

➡️ Bearish divergence forming
➡️ RSI struggling below resistance
➡️ 44k Critical Resistance
➡️ Below that could hit 30k
➡️ But over 44k keeps 51k+
Comments
MyCryptoParadise_Nathan
That divergence is adding weightage in your analysis
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