🚨WARNING: HUGE BEARISH DIVERGENCE IS FORMING ON $BTC
Last time we had that pattern we dumped ~30% in next week
This time won’t be an exception
My plan remains:
$84K -> $75K -> $70K -> $60K -> $54K bottom
BTC is making higher highs while RSI keeps printing lower highs
Price looks stronger but momentum underneath is getting weaker every time
We already had several bearish divergences during this move and now another one is forming right near major resistance
After such an overheated rally, this is exactly the weakness I was waiting for
Sweep around $84K can still happen, but I see it as the final liquidity grab before the correction starts
Once $75K gives way, I expect the move to accelerate back toward $70K and eventually the previous lows
Below $60K is where real fear should finally return
And that final capitulation into ~$54K is still where I expect the macro bottom to form
Remember that I am posting news daily and monitoring each major macro event to post and warn you
So make sure to follow me and turn notifs on
$BTC
Last time we had that pattern we dumped ~30% in next week
This time won’t be an exception
My plan remains:
$84K -> $75K -> $70K -> $60K -> $54K bottom
BTC is making higher highs while RSI keeps printing lower highs
Price looks stronger but momentum underneath is getting weaker every time
We already had several bearish divergences during this move and now another one is forming right near major resistance
After such an overheated rally, this is exactly the weakness I was waiting for
Sweep around $84K can still happen, but I see it as the final liquidity grab before the correction starts
Once $75K gives way, I expect the move to accelerate back toward $70K and eventually the previous lows
Below $60K is where real fear should finally return
And that final capitulation into ~$54K is still where I expect the macro bottom to form
Remember that I am posting news daily and monitoring each major macro event to post and warn you
So make sure to follow me and turn notifs on
$BTC
