Price Z-Score 200d #bitcoin breaks above the Neutral Zone confirming the bullish divergence
This move suggests that the recent recovery trend is likely to continue in a bullish pattern, initially targeting the key resistance level at $81k-$90k changing the current downtrend structure.
Based on this technical indicator, the likelihood of a reversal in the primary trend it's practically confirmed.
#BTC #Onchain #technicalanalyst #Bull $BTC
This move suggests that the recent recovery trend is likely to continue in a bullish pattern, initially targeting the key resistance level at $81k-$90k changing the current downtrend structure.
Based on this technical indicator, the likelihood of a reversal in the primary trend it's practically confirmed.
#BTC #Onchain #technicalanalyst #Bull $BTC