$SHELL — BTC RSI Weekly Bullish Divergence: Positive Signal, But SHELL Needs BTC to Confirm First
The weekly RSI of BTC is forming a bullish divergence — a signal that has appeared before major cycle bottoms in history. But for
$SHELL , it’s not time to act yet.
📊 BTC:
🟢 Weekly RSI: bullish divergence
🟢 Companies are still accumulating BTC
🔴 Net outflows from ETFs of $1.79 billion
🔴 Hawkish Fed, strong USD
A weekly RSI bullish divergence is a medium-to-long-term signal — not an immediate confirmation. History shows that once the divergence forms, it can take many weeks before the price truly reverses.
📊
$SHELL while waiting for BTC to confirm:
🔴 Price: 0.0215 — near the ATL of 0.0202
🔴 Thin liquidity: 316,007 USDT/24h
🔴 60.7% of the supply is still locked
📌 What needs to happen in order:
1️⃣ BTC confirms the bottom and rebounds
2️⃣ Capital flows return to crypto
3️⃣ Major altcoins rally first
4️⃣ SHELL will have a reason to break out of the bottom zone
BTC’s bullish divergence is the light at the end of the tunnel — but SHELL is still halfway through the tunnel.
#SHELL #BTC #Binance