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?
BTC-0,77%
View Original
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-d2ab9b71vip
· 2025-05-20 03:26
Just go for it💪
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)