According to BlockBeats, on May 20, crypto analyst @alicharts released "Is Bitcoin About to Break Historical Highs? Key Indicator Analysis," highlighting signals to follow: Bitcoin's price is facing a critical resistance zone; a bearish candlestick pattern of a "hanging man" has appeared in the technical shape; indicator divergence is present, with RSI showing Bear Market divergence and MACD forming a death cross, indicating a weakening of Bitcoin's pump momentum.
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Analysis: Bitcoin RSI shows bear market divergence, rise momentum weakens
According to BlockBeats, on May 20, crypto analyst @alicharts released "Is Bitcoin About to Break Historical Highs? Key Indicator Analysis," highlighting signals to follow: Bitcoin's price is facing a critical resistance zone; a bearish candlestick pattern of a "hanging man" has appeared in the technical shape; indicator divergence is present, with RSI showing Bear Market divergence and MACD forming a death cross, indicating a weakening of Bitcoin's pump momentum.