Bitcoin Crash Far From Over? Analyst Shares How Painful Bear Markets Can Get
Bitcoin’s extended pullback from its all-time high
Bitcoin Price Chart. Source: @CryptoJelleNL On X
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When price forms a lower low but RSI prints a higher low, the price action produces a bullish divergence on the weekly chart. That signal has always preceded the transition from bear market conditions into the next accumulation phase. Until that structure becomes visible, patience is the best approach.
Featured image from Unsplash, chart from TradingView
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