It’s been a long time since we discussed the $BTC chart.
And here we go. 👀
On the weekly timeframe, Bitcoin is showing a bullish RSI divergence.
Price made a lower low, while weekly RSI is making higher lows.
That tells us momentum is improving even as price remains under pressure.
Now, BTC needs confirmation.
A reclaim of the $68K area would be an important step toward a potential trend reversal.
The divergence is interesting. The confirmation will matter more. 🟠
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