Yigol
Yigol|May 16, 2026 07:24
The BTC weekly divergence pattern hasn’t formed, so where’s the momentum for a rise? On the weekly level, a major drop is still building up, just waiting for the right trigger to explode. Hovering at high levels for so long without a pump is just distributing chips. The trend is textbook: - Lower highs - Lower lows A classic downward structure. The key is whether 7.8K can hold. If it breaks, the next target heads straight for the 7.5K support. No divergence, no signal of funds entering. Sideways movement without a rise is the biggest bearish signal. Don’t rush to catch the bottom. Wait for a confirmed breakdown before making a move—it’s not too late.
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