In contrast to the last BTCUSD bear market, RSI divergence both bullish and bearish, have been seen in the majority of medium-term momentum reversals in the last year.
I expect the price to stay within the range of this pitchfork. The longer it takes to move lower, the less of a move that will likely be. At the moment a higher low of $4200 to $4400 is definitely in play.
BTCUSD is consolidating at the moment in what will likely prove to be a continuation of the downward movement into the mid to low four thousand levels.
Be a responsible person and make your own decisions about where to put your hard earned money. I am not a financial adviser and this is not financial advice.
I expect the price to stay within the range of this pitchfork. The longer it takes to move lower, the less of a move that will likely be. At the moment a higher low of $4200 to $4400 is definitely in play.
BTCUSD is consolidating at the moment in what will likely prove to be a continuation of the downward movement into the mid to low four thousand levels.
Be a responsible person and make your own decisions about where to put your hard earned money. I am not a financial adviser and this is not financial advice.
