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Has Bitcoin bottomed out?
【Plain-language guide】What truly makes the market most uncomfortable is often not the drop itself, but the stage of “it looks like the bottom, but it’s not fully confirmed yet.” The author believes that the bullish divergence in Bitcoin’s weekly RSI has already issued the clearest long signal of the past year, but $58k may not necessarily be the end.
With no breakout in volume, no trend reversal, and the monthly MACD not flipping bullish, this “almost-but-not-quite confirmation” state may instead leave room for the market to test lower prices again.
For details, see: