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Looming 5K Bearish Target for BTC
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Ever wondered why BitMEX CEO Arthur Hayes called a 5K bottom before we go moon?
Here's a reason why he could be right. A Hidden Bearish RSI Divergence just showed up which could driveBTC further down to $5,367 before it finally moves up. Sell short after btc breaks below the resistance turned support (the thick white dotted line).
Note: Hidden bearish sign gets invalidated only if BTC price goes above 10K
Goodluck! Not a financial advise.
Here's a reason why he could be right. A Hidden Bearish RSI Divergence just showed up which could drive
BTC further down to $5,367 before it finally moves up. Sell short after btc breaks below the resistance turned support (the thick white dotted line).Note: Hidden bearish sign gets invalidated only if BTC price goes above 10K
Goodluck! Not a financial advise.
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Trend line broken.
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