@sable42
Bitcoin’s short-term price fluctuations show partial divergence from on-chain indicators, signaling mixed market dynamics. Glassnode notes BTC’s price at $94,800 with a 3% rise, but a bearish RSI divergence on the 4-hour chart, flagged by @Ali_Martinez on X, suggests weakening momentum despite upward moves. On-chain, active addresses exceed 1 million and exchange reserves hit a low of 2.5 million BTC, indicating accumulation. However, @glassnode’s 30-day vs. 180-day price cross hints at bearish pressure. This divergence, with strong on-chain support but technical caution, suggests potential volatility near $93,000-$95,000.
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