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Crypto Patel

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#Bitcoin Bearish Divergence Into Play 📉

$BTC showing concerning signs, but I remain long-term bullish despite short-term uncertainties.

Bearish divergence + RSI below resistance could spur pullback if $44k fails.

If so, watch $43.5k-$44k level.

Lose that and we may see $30k🔻

But hold> $44k = rally to $51k.

Weigh scenarios carefully friends.

➡️ Bearish divergence forming

➡️ RSI struggling below resistance

➡️ $44k Critical Resistance

➡️ Below that could hit $30k

➡️ But over $44k keeps $51k+

#FOMC

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January 30, 2024 at 5:55 AM

Twitter@CryptoPatel|05:42 AM - Jan 30, 2024
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Crypto Patel

@CryptoPatel

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