๐น Bitcoin just printed a bullish RSI divergence on the 3-day chart.
๐น Price is making lower lows while RSI is pushing higher โ a classic sign of fading bearish momentum.
๐ Key observations:
โ $78k support continues to hold despite aggressive selling pressure.
โ RSI divergence signals potential reversal โ or at least the beginning of an accumulation phase.
โ Even if we get a triple divergence (another sweep), this setup remains bullish.
๐ฏ Potential roadmap:
โ Consolidation between $78โ82k
โ Breakout toward
88K+
โ If structure confirms โ possible leg toward $100kโ112k
โ ๏ธ Invalidation: Clean break below $74k with no quick reclaim.
๐ฌ Comment:
Amid all macro chaos, price is quietly setting up a technical bottom.
3D RSI divergence is not to be ignored. Now it's about price confirmation.
๐น Price is making lower lows while RSI is pushing higher โ a classic sign of fading bearish momentum.
๐ Key observations:
โ $78k support continues to hold despite aggressive selling pressure.
โ RSI divergence signals potential reversal โ or at least the beginning of an accumulation phase.
โ Even if we get a triple divergence (another sweep), this setup remains bullish.
๐ฏ Potential roadmap:
โ Consolidation between $78โ82k
โ Breakout toward
88K+โ If structure confirms โ possible leg toward $100kโ112k
โ ๏ธ Invalidation: Clean break below $74k with no quick reclaim.
๐ฌ Comment:
Amid all macro chaos, price is quietly setting up a technical bottom.
3D RSI divergence is not to be ignored. Now it's about price confirmation.
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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.