$BTC Update
Let me break it down a bit more from my last post.
Zooming out, Bitcoin is sitting on a major support zone, the same resistance it broke earlier. Classic flip.
RSI just touched its bullish trendline again. Historically, that's where $BTC tends to bottom and start rallying hard.
And on top of that, price is right at its macro trendline support. Three solid confluences lining up.
Almost there, soon we go up again. The bottom is either already in or just days away, with Monday being the latest.
15.67K
212
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.