A similar pattern also appeared in the period from February 2 to March 4. After the signal was confirmed, the price of BTC corrected by about 11% in the next few sessions. The most recent divergence was confirmed on March 25, and since then Bitcoin has started moving down.The lower trend line of the channel is now not too far away. If the price closes daily below that level, the bullish structure will be broken and the bearish view will be further validated
BTC
67,616.06
+1.27%