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On May 20, according to Cointelegraph, crypto assets analyst Bluntz pointed out a bearish divergence on the Bitcoin daily chart, which may weaken hopes for Bitcoin to reach a new all-time high this week.
A bearish divergence refers to a situation where the price continues to reach new highs, but the Relative Strength Index (RSI) indicator shows higher lows, indicating that as the price surges, buying pressure begins to weaken. #BTC能否冲上11万？