Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Returns

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Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Returns - NewsBTC

Quick Summary:

This follows his revelation that a bearish pattern that once led to a market crash in the last cycle has returned for the flagship crypto. Bearish Divergence That Led To Market Crash Returns For Bitcoin Price In an X post, Kevin Capital revealed that the bearish divergence that led to the market crash in the last cycle has returned for the Bitcoin price.

As such, he suggested that there was no need to be worried although he advised market participants to prepare through it if this bearish pattern plays out this way. However, amid the revelation of the bearish pattern, crypto analyst Titan of Crypto has provided some optimism for the Bitcoin price.

The crypto analyst also predicted that BTC could top around $260,000 in this market cycle. Monthly Close Provides Bullish Outlook For BTC The January monthly close has provided a bullish outlook for the Bitcoin price.