Bearish Divergence Forming on BTC/USD in Bullish Channel

2020년 11월 22일

We've been in this channel for quite some time. The last two times we seen bearish divergence at resistance, we moved sideways until we found support in the channel before continuing up. This would put us as low as $18,100 by the end of Nov and at ATH's by the 2nd week of December. However, we have been been spending more time testing the resistance in this run and we're already turning resistance to support on the horizontal trendline, this can push us through it.