BTC, Weekly, Hidden Bearish Divergence!
BTC Weekly Chart- Market Cipher is printing a red dot at 31k range , and the last time that was printed was November of 2021 when BTC was 69k. Additionally, there is hidden bearish divergence on the RSI, RSI is at the same level as it was when BTC was 69k when BTC hit 31k indicating we are just as overbought as when we hit 69k. MEME Coins going parabolic, and everyone is bullish because of the banking crisis.. YET more banks just collapsed last week and BTC still couldn't get past 31k.. I would put your shorts on.. I love BTC and what it stands for, but you cant let your bias of liking something distract you when it comes to investing and trading.
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