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5 months ago 5 months ago

Bitcoin is losing its bullish momentum: Is a drop to $115K next?


Biraajmaan Tamuly
by Biraajmaan Tamuly 5 months ago5 months ago
Bitcoin is losing its bullish momentum: Is a drop to 5K next?


Bitcoin may face a short-term dip as a bearish divergence, CME gap, and a high IBCI reading point to downside below $115,000.

Key takeaways:

A hidden bearish divergence on the RSI hints at weakening bullish momentum for Bitcoin.

A CME gap between $114,000–$115,000 could act as a magnet. 

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