Bitcoin / US Dollar - Bearish Divergence Price and RSI
BTCUSD is poised for a correction as there is divergence (see the blue lines) between the price and the RSI (see at the bottom of the chart)
The price sets new highs but the RSI doesn't confirm these highs: the RSI doesn't set new highs
--> Price action is not confirmed by momentum (indicated by RSI): price increase is running out of steam
The price sets new highs but the RSI doesn't confirm these highs: the RSI doesn't set new highs
--> Price action is not confirmed by momentum (indicated by RSI): price increase is running out of steam
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