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Bitcoin Could Hit $70K If the Fed Does Nothing - Is This the Turning Point?
Bitcoin recently formed its first bullish RSI divergence since late last year, while $BTC is still trying to hold above the key $60,000 area. So why are traders suddenly paying attention?
The first reason is technical. Bitcoin made a new price low below $60,000, but the RSI stayed above its previous low. That usually means selling pressure is weakening, even if the price chart still looks uncertain.
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