🚀 BTC/USDT: Is the Bounce Starting? RSI Reversing!:

Looking at the 1-hour chart, Bitcoin is showing signs of a slow recovery after a dip.

🔍 Technical Breakdown:

• RSI(6): Just moved up from 22 to 23.03. While still low, the upward curve shows buying interest is returning.

• RSI(12 & 24): Sitting at 34.89 and 38.33, holding steady above the critical 30 mark.

• MACD: The histogram is shrinking, and the yellow signal line is starting to curve upwards. A bullish crossover could be next!

• Current Price: Stable around $66,818.

📈 Trading View:

If BTC stays above the $66,800 support, we can expect a move towards $67,500 soon. Watch for the RSI to cross 30 for more confirmation.

Target: $67,500 | $68,100

Stop Loss: $65,900

Disclaimer: Not financial advice. Always DYOR!

#BTC #CryptoSignals #TechnicalAnalysis #BinanceSquare #TradingUpdate