Bitcoin is currently hovering in a tightly compressed price range after failing multiple times to break above $110,000 earlier this month. The past few days have been characterized by the leading cryptocurrency trading around $105,000, with neither bulls nor bears taking control. Despite the overall consolidation, a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin to a new all-time high soon.
Return Of Rare Divergence Pattern On Bitcoin’s 4H Chart
Crypto analyst Luca (@CrypticTrades_) took to social media platform X to share a chart that highlights an important technical development on Bitcoin’s 4-hour timeframe: the return of a bullish divergence. This signal, which previously appeared in early April, preceded the massive rally that
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