Hi guys I was looking at the weekly chart for bitcoin and I noticed something on the rsi. A huge hidden bearish divergence can be seen from last year's top to this year's top. I am still very bullish on bitcoin and do hope that this does not affect the price action of bitcoin in the following weeks to months even though we have had a massive break out to the 40k levels. Just a warning to be cautious. Just wanted to point that out in the case bitcoin dumps back down lower.
Note
Apologies I meant the monthly chart not the weekly one. Thank you cschena123
Note
However the hidden bearish can also be seen on the weekly chart as well!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.