#BTC/USDT ANALYSIS

BTC is still trading above the strong horizontal support in a narrow range. Volume is very low in the market. MACD crossover is losing bearish momentum. Concurrently, the RSI indicator indicates the presence of hidden bullish divergence.

A bounce is expected as long as it sustains its position above the horizontal support. However, it's important to consider the possibility of a sustained breakdown, which could trigger a subsequent downward movement.