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Bitcoin Bullish Divergences - Breakout back to 40k
Long
Bitcoin Bullish Divergences - Breakout back to 40k
By BannanaTrader
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Aug 5, 2021
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Aug 5, 2021
As you can see, the MACD, RSI, and money flow, have been forming bullish divergences. (Yellow lines)
Furthermore, we can see that bitcoin is rebounding off of the top end of the trading range. (Yellow lines)
Lastly, there is a double bottom that has formed (circled)
These all point to massive upside and breakout past 40K
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Best of luck!
Bitcoin (Cryptocurrency)
bitcoinforecast
bitcoinprice
bitcoinprojection
BTCUSD
Chart Patterns
Technical Indicators
Trend Analysis
BannanaTrader
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