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Bitcoin Weekly Chart Signals Hidden Bullish Divergence: How High Can BTC Climb in Q4?


Bitcoin Weekly Chart Signals Hidden Bullish Divergence: How High Can BTC Climb in Q4?

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  • Analyst Ash Crypto identifies a hidden bullish divergence on the Bitcoin weekly RSI.
  • Experts like Michael Saylor and Tom Lee predict Bitcoin could reach between $150,000 and $200,000 by year-end.
  • If Bitcoin rallies as expected, altcoins may follow with significant gains, potentially triggering a new altcoin season in Q4.

The price of Bitcoin has struggled around the $115,000 region for the past few days, but analysts are seeing technical signs that a major breakout is imminent.

Crypto commentator Ash Crypto, who has over 2 million followers, highlighted a key technical signal on Bitcoin’s weekly chart: a hidden bullish divergence. This pattern occurs when the price forms higher lows while the Relative Strength Index (RSI) forms lower lows.

On the attached chart, Bitcoin’s price action shows a steady series of higher lows, while the weekly RSI has d…

Read The Full Article Bitcoin Weekly Chart Signals Hidden Bullish Divergence: How High Can BTC Climb in Q4? On Coin Edition.

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Coins

$ 63.81K

-0.34%

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Coins

$ 63.81K

-0.34%

$ 0.000399

$ 0.000207

$ 0.000161


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