Investor is back, so it´s Bears hibernation time.
Guess what, my oldie bull divergence explanatory Bitcoin chart is still alive and ...
I think that Bitcoin might be in the anomaly state where HIGH RSI doesnt mean a :poo: bear divergences are painted over higher time frames but yet its ignored and going higher and higher until a huge extended bear divergence...
We faced a >50% drop from the previous ATH around the 68k level and created a new lower low.
The last dip down to the 33k level was bought up with higher volume compared to the previous dips during this downtrend which indicates that we could have bottomed out.
The RSI still is below 40 and probably will test the yellow line in the near-term.
Once we break this...
