Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again

Read original at CoinTelegraph·

Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again

60-second summary

Bitcoin is flashing its second weekly bullish divergence on record, a signal that previously preceded a 755% price rally. This rare phenomenon, last seen in 2020, is occurring as Bitcoin's price eyes $90,000. The divergence suggests a potential breakout, with investors eagerly awaiting a confirmation of this trend, which could lead to a significant price surge in the cryptocurrency market.

Bitcoin flashes only its second weekly bullish divergence on record, a signal that previously preceded a 755% BTC price rally.