BITCOIN/USDT (4hr) - Bullish Divergence

١٤ ديسمبر ٢٠٢١

Bitcoin is currently bouncing off the 0.618 fib retracement level and has formed bullish divergence (seen on 1hr & 4hr chart). Expecting a move towards the white trendline, however with the Fed rate decision and FOMC conference tomorrow I expect there will be a lot of hesitation and volatility in the market, and wouldn't be surprised to see Bitcoin take one last dip towards the 0.702 (around 45k) before making this upwards move.