BitcoinLong
BITCOIN: MAJOR BULLISH DIVERGENCE AHEAD OF CPI + PPI WEEK
Taking a look at the RSI, a bottom was formed on August 18, 2023 with a closing price of 26K
Price has traded sideways (-0.54% between August 18 & today)
BUT the RSI has been gaining strength
This is TEXTBOOK BULLISH DIVERGENCE AT PLAY
Would not be surprised to see a rally in coming weeks as CPI PPI & FOMC pass by us
Price has traded sideways (-0.54% between August 18 & today)
BUT the RSI has been gaining strength
This is TEXTBOOK BULLISH DIVERGENCE AT PLAY
Would not be surprised to see a rally in coming weeks as CPI PPI & FOMC pass by us
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Disclaimer
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.