#BTC
Bitcoin Update
Bitcoin has filled the descending channel we identified on the lower timeframe and completed the breakout, reaching its projected target.
At the moment, we’re not seeing any particularly significant changes on the higher timeframe. Price remains in consolidation, which may gradually evolve into a recognizable formation.
One factor worth monitoring, however, is a bearish RSI divergence. It isn’t strong - I’d even say it’s relatively easy to invalidate - but it should still be kept on the radar
BTC
66,408.01
-1.40%