BTC has a triple bearish divergence on the 4H.
First bearish confirmation below $50k.
Second bearish confirmation below $48,500.
Bouncing from the major support posted on the previous analysis.
It has inverse correlation with BTC, but they usually diverge first (it's happening now, both are going up). This is another reason why I expect BTC to reverse its bullish trend soon, and I will cover it when I update the pinned thread on X with a second part.
