BTCUSD has broken the lower highs and resistance trend line on the daily chart after forming bullish divergence on RSI.RSI divergence signals reversals and in BTC's case, it has led to the break of lower highs (bullish reversal) and continuation of the overall bullish trend on higher timeframes.
I am expecting BTC to create a higher low around the support zone and continue its upward momentum!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.