April 12, 2026

Bitcoin Weekly Channel Divergence

Bitcoin Weekly Channel Divergence

Bitcoin Weekly Channel Divergence

Bitcoin Weekly Channel Divergence

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
ImThour


Bitcoin Weekly Channel Divergence

Bitcoin Weekly Channel Divergence

Bitcoin is making a bearish divergence channel.

Price is going up, RSI is going down.
Volume is also going down.

I would suggest to short with proper SL or avoid trading at all.
Let’s see what we see in the upcoming weeks.

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