I re-checked price vs. RSI divergences on Bitcoin's weekly chart and this is what I have noticed. - Regular bearish divergences at the highs triggered the current major pullback. - Potential hidden bullish divergences at the lows suggest underlying strength and possible trend resumption if a bounce confirms them. The long-term uptrend remains intact above key supports like the 1W 200MA (green trendline).
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$BTC
I re-checked price vs. RSI divergences on Bitcoin's weekly chart and this is what I have noticed.
- Regular bearish divergences at the highs triggered the current major pullback.
- Potential hidden bullish divergences at the lows suggest underlying strength and possible trend resumption if a bounce confirms them.
The long-term uptrend remains intact above key supports like the 1W 200MA (green trendline).