Bitcoin Shows Bullish Divergence vs. Gold

[mendez]

While Bitcoin remains range-bound, technical charts reveal promising signs. BTC’s relative strength index (RSI) is forming bullish divergences against both the US dollar and gold. On the BTC/XAU chart, key support levels coincide with gold’s all-time highs near $4,500 per ounce.

Analysts say previous three-day divergences have historically marked BTC bottoms, hinting that Bitcoin could soon stage a comeback. Traders are closely watching for breakouts above the 200-period SMA and EMA cloud on shorter timeframes, with dips potentially offering long-entry opportunities.

With liquidity thinning as the holidays approach, BTC’s next major move could be driven as much by trader positioning as by macro trends.

[bcd8b07f7c]

how long it will be, a week?