Bitcoin Weekly Chart Analysis WARNING

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Bitcoin / TetherUS (BINANCE:BTCUSDT)

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BINANCE:BTCUSDT Bitcoin / TetherUS

trendanalysis chartpattern indicator bitcoin btcusdt btcshort cryptocurrency rsibearishdivergence btcweekly weeklychart

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.

코멘트:

Apologies I meant the monthly chart not the weekly one.
Thank you @cschena123

코멘트:

However the hidden bearish can also be seen on the weekly chart as well!