BTCUSDT is Bullish

٢٤ يناير

BTC is currently in downtrend, however bullish RSI divergence is observed on 1H time-frame, which means that the price could see a small bullish correction up t0 41k-42k. Previous lower high is successfully broken which provides further validation for a bullish move. Moreover, DXY is also bearish which could also be taken as a positive sign for BTC.

P.S The macro-trend still remains bearish