In what has been an absolutely brutal week for BTC, bullish divergence between the price and the RSI indicator on a 4 hour chart was finally indicative of a reversal in trend.
This was confirmed by more than 3 consecutive green candles after BTC bounced from the 32K support (again).
Now, BTC has broken the downward trend line and also re-tested such break-out.
While the technicals suggest this may mean BTC has bottomed out, in this week, any such statement is as uncertain as there being alien life on Mars. For all fellow crypto HODLers, let's hope its true!
#HODL #NFA #DYOR.
This was confirmed by more than 3 consecutive green candles after BTC bounced from the 32K support (again).
Now, BTC has broken the downward trend line and also re-tested such break-out.
While the technicals suggest this may mean BTC has bottomed out, in this week, any such statement is as uncertain as there being alien life on Mars. For all fellow crypto HODLers, let's hope its true!
#HODL #NFA #DYOR.