May 6, 2026

$btc #Bitcoin at a pivotal test on the weekly RSI

$btc #Bitcoin at a pivotal test on the weekly RSI

$btc #Bitcoin at a pivotal test on the weekly RSI

$BTC #Bitcoin at a pivotal test on the weekly RSI

BTC/USD COINBASE:BTCUSD
Pleb_In_Crypto


$btc #Bitcoin at a pivotal test on the weekly RSI

Watching for rejection of the RSI weekly trendline for this bull run. The bearish divergence on this timeframe is obvious but I feel the trendline is what to watch. If we can break through that trendline on the RSI I believe we can at least hit 52k till our next retest. These plays take a long time to work out due to the timeframe, but it shall be an interesting one as I feel that trendline is extreme resistance.

Coupled with the 50wSMA rolling over….Im more bearish .

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