BTC/USD: Has the Long-Term Bullish Trend Been Established so far
On the daily time frame, the positive scenario remains. The recent level of $10,000 was not the local peak as Bitcoin (BTC) has successfully bounced off the support at $8,500.
In addition, the bullish divergence has been formed on the RSI indicator that confirms the bulls' potential. Summing up, one might expect a move to around $10,500 within the next days that corresponds to the resistance level.
In addition, the bullish divergence has been formed on the RSI indicator that confirms the bulls' potential. Summing up, one might expect a move to around $10,500 within the next days that corresponds to the resistance level.
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