Rekt Capital: BTC Shows Daily Bearish Divergence Near $80K, Signal Persists Unless ATH Broken

This technical signal suggests that Bitcoin's recent upward momentum may be losing steam near a key psychological level, which could indicate a period of consolidation or further downside if the prior high isn't decisively surpassed. For market participants tracking momentum indicators, the persistence of this divergence is a notable caution flag, as it implies that the latest rally might not have the same underlying strength as earlier moves. The open question is whether buyers can push through the all-time high to invalidate the signal, which would shift the technical narrative back to bullish continuation. Until then, the divergence keeps the risk of a pullback on the table for those watching short-term price action.