Triple bearish divergence identified in Bitcoin uptrend, Jamie Coutts flags

Triple bearish divergence identified in Bitcoin uptrend, Jamie Coutts flags
Bitcoin rally faces triple bearish divergence

Jamie Coutts highlights the significance of weekly RSI divergences as a long-term pattern to monitor. In September, he flagged a triple bearish divergence during Bitcoin's three-year rally, suggesting the bull market had a weaker foundation as it moved into the fourth quarter.

Coutts previously noted that Bitcoin’s technical signals pointed to a possible market bottom forming in the second or third quarter, citing historical bear-market patterns in an earlier analysis. He has also discussed limited institutional participation in the $1.5 billion tokenized stock market, which remains dominated by retail investors according to a separate report. These observations form part of Coutts’ ongoing commentary on technical and structural trends in digital assets.

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