Bitcoin News
By James Thorp
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What the Divergence Actually Means. A bullish divergence happens when Bitcoin's price and a momentum indicator — the Relative Strength…
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$90K in Sight, But Confirmation Still Missing. Bitcoin's price has been creeping toward $90,000, and the timing lines up with the divergence…
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The 755% Question. It keeps coming back to that number. A 755% surge is the kind of move that reshapes portfolios and…
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Bitcoin is doing something it's basically only done once before. A bullish divergence has appeared on the weekly charts — a technical pattern so rare that traders are already…
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The answer isn't subtle. The previous instance of this signal preceded a price rally of 755%. That's not a typo. Seven hundred and fifty-five percent.
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Not yet confirmed, though. That's the catch.
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A bullish divergence happens when Bitcoin's price and a momentum indicator — the Relative Strength Index, or RSI, being the classic one — start moving in opposite directions.
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The reason traders care so much about this specific setup on the weekly chart is the timeframe.
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And this is only the second time Bitcoin's weekly chart has produced it. That rarity is exactly what's driving the conversation.
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See also: Bitcoin Eyes $68K Breakout as CPI and FOMC Loom June 10–17
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The problem is confirmation. One technical signal, even a rare and historically significant one, isn't enough on its own for most disciplined traders to go all-in.
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No major exchanges have weighed in publicly. No institutional commentary has surfaced, at least not in any official capacity.
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The absence of further disclosures keeps things fluid. Unclear whether that changes soon.
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It keeps coming back to that number. A 755% surge is the kind of move that reshapes portfolios and generates the stories people tell for years.
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What's different now is the price level. Bitcoin approaching $90,000 is a different environment than wherever it was trading when the first divergence formed.
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