Bitcoin: Weekly Hidden Bullish Divergence Forms
Trader Tardigrade notes Bitcoin weekly candle closed with a higher low while RSI printed a lower low, marking a hidden bullish divergence on the weekly chart.
SourceAnalysis
Bitcoin weekly candle closed with a higher low against RSI lower low, forming a hidden bullish divergence per @TATrader_Alan.
At $78306.37 price remains below EMA50 resistance at $79206.8 and EMA200 at $81124.77 in a bearish structure, RSI(14) holds neutral at 47.9 while MACD shows golden cross, and price trades inside Bollinger bands testing upper resistance near $78657.93 before any move toward lower support at $76903.17.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.