Reminder for All Group Members! 🚨💡

11/28/2024 10:00 PM #Bitcoin Update:

Bitcoin has formed Bearish RSI Divergence 📉 on the Daily Timeframe and has only fallen 8.8% since hitting $99,588.

As I’ve mentioned many times over the last couple of months, the average correction during a BullRun ranges between 10%–30%. 🌀 Based on this, we might see Bitcoin dip further to the next support level at $90,352, or even down to $88,722, which would put it in that 11.1% correction range.

🔮 But here’s the twist! This may not happen because Bitcoin has just formed RSI Hidden Bullish Divergence 📈 on the 12H timeframe, signaling that the bottom for this correction is probably in!

🔍 Moving to shorter timeframes: • On the 4H Chart, Bitcoin appears to be preparing for a breakout from the symmetrical triangle pattern I mentioned the other day! • On the 1H Chart, Bitcoin has already broken out of a triangle pattern! Watch for a retest and keep an eye on those critical support and resistance levels!

Stay vigilant and watch the charts closely! 🔥📊 https://www.coingecko.com/en/coins/bitcoin