BTC Navigates Bear Territory Following Key Support Bounce at 26000, Eyes on Potential Rebound to 28500 Amidst Weekly RSI Divergence"
After a significant price drop, BTC found support around the 26000 zone. This led us into a bear market following a weekly RSI divergence, and we will be monitoring further price movements. From this point, BTC could potentially retrace to around 28500 levels. Currently, the daily RSI is indicating an oversold condition.
After a significant price drop, BTC found support around the 26000 zone. This led us into a bear market following a weekly RSI divergence, and we will be monitoring further price movements. From this point, BTC could potentially retrace to around 28500 levels. Currently, the daily RSI is indicating an oversold condition.