📉 Bitcoin Charts Look Weak, But Bullish Divergence Could Spark Big Breakout 🚀
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In the last 16 hours, Bitcoin’s weekly and daily charts are not looking very strong. The MACD is still showing bearish signs on both timeframes, which signals caution for traders.
However, there is some hope too the daily RSI is forming a bullish divergence. This often means the price could be preparing for a reversal or a strong upward move in the near future.
For traders, this situation is a mix of patience and strategy. Sometimes the best move is just to wait for confirmation. For small investors, it’s a reminder not to rush and to watch the market levels closely. For the overall crypto market, the next breakout could be massive if Bitcoin pushes above resistance.
📊 Key Levels:
Support: $107,000
Resistance: $113,500 · $118,000
Stay ready the next move could surprise everyone! 🚀
#bitcoin #crypto #trading #marketnews #btc