What I've been seeing in the weekly timeframe in recent days is quite interesting. A clear positive divergence has formed on the RSI side, and this is actually one of the best signals the market can send. While the price continues to decline, we see an upward movement in momentum, which sets the stage for a technical reversal.



Currently, Bitcoin is holding above the major support level, and a strong rebound from here would be quite natural. Of course, the market is still risky; a short-term pullback is still possible. But when we see this RSI positive divergence, it means momentum is preparing to turn from below to above. So there's no need to panic, just be cautious.

If strong buying pressure comes from here and Bitcoin breaks the $101k level, then things could start to move seriously. Altcoins could also see significant gains in such a scenario. The current situation involves risk, but it also presents opportunities. The critical period that will determine the market's fate is ahead of us; the next few weeks will be very important.
BTC-0.4%
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