Bullish divergence possible while siting above strong support

2019年12月20日

Looks like some bullish divergence is forming once again on the daily. The last time the this happened Bitcoin bounced pretty hard with a 40% move. Looking for a trend reversal possibly or maybe a run up to the top of the channel. Also the price has been respecting the 6.5k support pretty well so maybe the bottom is in? On the opposite side of things we still have put in lower lows and lower highs. Hopefully the closer we get to May the clearer the picture but we just might have to hold tight for a confirmation instead of guessing.