Bitcoin: Third Weekly Bullish Divergence Fires
Bitcoin hits third weekly bullish divergence on record at $66033.22, with prior cases marking absolute bottoms as 4h EMA50 holds at $64874.21.
SourceAnalysis
Bitcoin just printed its third weekly bullish divergence on record, a setup that previously marked absolute bottoms in both instances according to @AltcoinDaily.
Price currently sits at $66033.22 inside a bullish trend structure above the EMA50 at $64874.21 and EMA200 at $63687.18, while RSI(14) at 58.6 stays neutral and MACD shows a death cross at 487.4; with price testing upper Bollinger resistance at $67088.55, a healthy retracement toward the 50-EMA support at $64874.21 appears probable before continuation as traders weigh BTC price prediction models and Bitcoin technical analysis for crypto market bottom signals.
Altcoin Daily
@AltcoinDailyFocuses on cryptocurrency education and altcoin investment strategies for digital asset enthusiasts. Covers Bitcoin, Ethereum, and emerging blockchain projects through market analysis and project reviews. Features interviews with industry founders, technical breakdowns, and regulatory updates affecting crypto markets. Provides daily content on portfolio management and long-term wealth building in digital assets.
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