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Something important about bitcoin:native We have formed huge bearish divergence and repeating same set up that we had during May highs but now we're even more overbought Only a higher high above 83K flips it and we won't do it with such weak PA here So we're likely close... show more

𝗖𝗛𝗔𝗜𝗡 𝗠𝗜𝗡𝗗 ⛓🧠

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29,071 views • 24 days ago •via X (Twitter)

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14 Comments

CRYPTONIAN24 days ago

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Jeremy23 days ago

That's not bearish divergence LOL. Price has to has to make HH and RSI LH. My god how do you have followers with when you don't even understand bearish divergence. I learnt that in grade 1

A23 days ago

If the rsi went 30 wouldn’t that reset the whole thing? Meaning there is no divergence

Mr. C.A.G.R.23 days ago

Interesting outlook. Not convinced it's going that low but short term could see a drop.

ΞTHNUT.base.eth🦇🔊🐼24 days ago

You’re just going to be buying higher. Oh well.

BitcoinWorld Media23 days ago

Useful chart, but one important price detail looks off. BTC’s August high was ~$81.3k-$81.5k. That is a lower high vs the May 2026 peak near $82.8k, not a higher high. So this looks more like hidden bearish divergence at the $80k area (price LH, RSI more stretched) than classic bearish divergence. $83k is still a clean flip level. A dip toward $70k is possible, but August is still a strong green month from the $62k-$63k open. Sources:

K. Omar24 days ago

I'm reading this the same way. May analog is clean. 83k is my invalidation. Lower monthly close looks likely without the break.

Burak23 days ago

Bearish divergence is worth watching, but divergence alone doesn’t guarantee a reversal. If BTC reclaims the resistance zone with strength, this setup could invalidate quickly. For now, both scenarios remain on the table.

alessandro rosella24 days ago

Ok I'm fine!! Because you are bearish again!!

TradeApex24 days ago

$btc has reclaimed the 83.5k to start the uptrend. But for it is still soaking lower low.

Cycle Lab24 days ago

Divergence tells you momentum is weakening. It doesn’t tell you where price has to go next. The market still needs to confirm the signal through structure and liquidity.

Nova Drift24 days ago

What are the key indicators you're watching to confirm that breakdown on the monthly chart?

X Finance Bull Academy24 days ago

If momentum keeps fading into resistance, I’d rather be patient than pretend the breakout already happened.

Logan Franklin23 days ago

Cool, hopefully more cheap BTC incoming.

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