Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again - Coin Surges
3 Articles
3 Articles
Bitcoin’s Bullish Divergence Signals Imminent Breakout
Bitcoin’s price has been treading water, oscillating around the $105,000 mark after failing to breach the $110,000 resistance level earlier this month. This consolidation phase has left traders and investors in a state of limbo, with neither bulls nor bears asserting clear dominance. However, beneath this apparent stasis, a notable technical signal has emerged on the 4-hour chart… Source
Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again - Coin Surges
Bitcoin is currently hovering in a tightly compressed price range after failing multiple times to break above $110,000 earlier this month. The past few days have been characterized by the leading cryptocurrency trading around $105,000, with neither bulls nor bears taking control. Despite the overall consolidation, a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin t…
Bitcoin Forms Bullish Divergence as Price Stabilizes Near $105K
Bitcoin’s RSI is rising while price trends lower, indicating a potential reversal based on historical behavior. BTC remains range-bound between $103,832 support and $105,218 resistance, signaling potential for breakout. Current divergence resembles a similar structure in April that preceded a notable price surge. Bitcoin is showing a bullish divergence pattern on the RSI chart, a development that has caught attention all across the trading com…
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