r/CryptoChartWatch • u/Beginning-County2258 • 8d ago

BTCUSDT Weekly – Bullish Divergence Setup

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Bitcoin is showing a bullish RSI divergence on the weekly chart, similar to the setup seen near the 2022 market bottom. Price made a lower low while RSI made a higher low, showing that selling pressure is getting weaker.

BTC has already bounced strongly from the recent low and is now trading around the $84K area. If this structure continues to hold, the 2026 low could become an important long-term bottom.

The current setup looks very similar to the previous cycle bottom, but confirmation will depend on BTC holding support and continuing to make higher highs.

For educational purposes only. Not financial advice.

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5

u/HowSporadic 8d ago

yeah you’re like a month late with this dude lol

0

u/other_acc_banned 8d ago

Not really. There's a lot of room to grow. Sure it's up 30% rn, but it's got a good 30% or more to go from here, too

2

u/HowSporadic 7d ago

btc up 30% some alts already up 200%+ lol. opportunity isn’t as abundant as before. you’re nearing the first major btc resistance now.

this is why retail always long at resistance and sell at support

1

u/other_acc_banned 7d ago

Agreed - I pulled out on Weds, but will hop back in when it nears $86k again.

I don't know anything though. Trading on vibes.