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Bitcoin Forms Hidden Bullish Divergence Pattern

Bitcoin shows a hidden bullish divergence as it nears key trendline resistance. A breakout could be near.

  • Bitcoin RSI shows hidden bullish divergence on charts.
  • BTC is testing a key trendline resistance level.
  • A breakout could spark renewed bullish momentum.

Bitcoin is flashing a classic hidden bullish divergence on the RSI (Relative Strength Index), a pattern often seen when an asset is ready to resume its uptrend. This divergence happens when the RSI makes higher lows while the price makes lower lows—a subtle signal that buyers are quietly regaining strength.

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Traders often consider this a bullish sign, especially when it forms near a major support or resistance zone. In Bitcoin’s case, the divergence has appeared just as the price is approaching a key trendline resistance, adding weight to the possibility of an upcoming breakout.

Trendline Resistance in Focus

Bitcoin is now testing a descending trendline that has acted as resistance several times in the past. This trendline is a psychological barrier where many traders typically sell, so breaking above it would be a major shift in sentiment.

If BTC can close above this resistance level with strong volume, it could confirm the bullish divergence and potentially lead to a new rally. On the flip side, if the resistance holds, Bitcoin may revisit support levels before trying again.

What’s Next for BTC?

Market watchers will be closely monitoring Bitcoin’s behavior around this trendline. If the bullish divergence plays out, it could be the start of a stronger move to the upside. However, as always in crypto, traders should remain cautious and use proper risk management.

With macro factors and crypto sentiment still mixed, the next few days could be crucial for BTC’s short-term direction.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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