BTCUSD Yesterday closed the nastiest 6 month bearish divergence in the history of BTC. May as well add as confluence that it is also a 5th wave of a 16 year 5 wave impulse bull run which can easily be counted on the 6 month RSI as well. It also was a 1 month, 2 month, and 3 month bearish divergence too. These setups are also present on the indices. These always end up marking the bear market even though people say they don't work every time. Give it a couple months and see where price is at since it is the monthly timeframe that is only 2 candles. The first monthly bearish divergence this year was in January.
