Higher Bitcoin Prices Ahead?
The Money Flow Index (MFI) divergence is signaling higher prices ahead for Bitcoin soon. MFI uses both price and volume to measure buying and selling pressure. A bullish MFI divergence forms when price moves to a lower low, but MFI moves to a higher low - indicating increasing money flow/momentum.
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.