TLDR:
- Weekly charts show BTC forming higher lows while RSI forms lower lows, signaling a strong hidden bullish divergence.
- The RSI at 40.78 suggests long-term accumulation remains active despite recent consolidation near the 90K region.
- Binance data shows withdrawals hitting a seven-year high as investors move coins to cold storage instead of selling.
- Deposits falling to an eight-year low create a classic supply shock pattern that supports the potential for a $115K move.
BTC’s hidden weekly bullish divergence is emerging as one of the strongest technical signals in the current cycle, with long-term indicators showing renewed strength beneath recent consolidation.
Market data suggests that buying momentum remains intact even as price trades within the 90K–91K range, creating conditions that have preceded major upward extensions in previous cycles.
The formation now appearing on the weekly chart reflects a structure that often supports sustained trend continuation.
Combined with unusual accumulation behavior on Binance, traders are watching this phase closely as Bitcoin prepares for its next major move.
Weekly Divergence Strengthens as Technical Structure Holds
Bitcoinsensus reported through a tweet that BTC is showing a massive hidden bullish divergence on the weekly timeframe.
This formation appears when price forms higher lows while the RSI records lower lows. Such a setup often signals that buyers remain active beneath the surface despite temporary cooling in price.
The RSI currently sits near 40.78, a zone that has historically aligned with strong positioning from long-term participants.
This level indicates that buying pressure is present even during periods of reduced volatility. Additionally, the ascending yellow trendline on the weekly chart has acted as a key support zone across various swing lows.
Each bounce from this trendline aligns with corresponding RSI behavior, reinforcing the hidden bullish structure.
If the pattern continues to hold, market participants see a realistic path toward a revisit of the 115K region in the coming weeks or early 2026.
Binance Data Shows Rare Accumulation Surge During Consolidation
On-chain metrics from Cryptoquant reveal a second bullish factor forming independently from the weekly chart.
While Bitcoin consolidates near 90K–91K, Binance data shows aggressive withdrawal activity and minimal deposit activity. This pattern suggests a shift toward self-custody rather than profit-taking.
The 30-day EMA of withdrawal transactions surged to 3.1K on December 3, marking the highest level since May 2018.
This indicates that participants are moving coins off the exchange at a pace not seen in years. In parallel, deposits have declined to roughly 320 transactions, the lowest level recorded since 2017.
This broad divergence between withdrawals and deposits forms a supply shock pattern. Coins are leaving active circulation while selling activity weakens, which reduces available supply during a phase where long-term holders remain confident.
As a result, this supports the broader technical case for a potential upside extension should momentum continue to build.
The post BTC’s Hidden Weekly Bullish Divergence Points to a Potential $115K Move appeared first on Blockonomi.
Source: https://blockonomi.com/btcs-hidden-weekly-bullish-divergence-points-to-a-potential-115k-move/
