Bitcoin Price Watch: Bullish Trend Remains Intact Amid Volume Divergence

The title "#Bitcoin Price Watch:bullish

Trend Remains Intact Amid Volume Divergence" suggests that despite a continued upward price trend in Bitcoin, there's a potential warning sign forming—specifically, a volume divergence. This typically means that while price is rising, trading volume is decreasing, which can signal weakening momentum.

#KeyPoints Likely Behind This Headline:

Price Action:

Bitcoin is maintaining higher highs or a steady uptrend.

Support levels are holding, reinforcing bullish sentiment.

Volume Divergence:

Volume is not increasing in tandem with price.

This #divergence can indicate a lack of conviction behind the rally.

It may precede a short-term correction or consolidation.

Technical Indicators to Watch:

RSI: May show overbought conditions.

MACD: Could still be bullish but potentially flattening.

OBV (On-Balance Volume): Might not confirm new highs.

Potential Scenarios:

Continuation: If support holds and volume returns, the uptrend can continue.

Pullback: If #divergence deepens, a retracement to key levels (e.g., 50-day MA) may occur.

Would you like a chart analysis or summary of current #BTC support/resistance levels?