๐๐ Technical indicators on the Bitcoin 3-day chart hint at a potential bullish reversal!
๐ป Relative Strength Index (RSI) below 30 = Bitcoin may be overvalued ๐
๐ The same scenario has historically preceded strong rallies.
โก๏ธ MACD lines are starting to converge.
๐ฃ Histogram is narrowing = A crossover is imminent, which could trigger a new bullish rally.
But remember:
๐จ Without clear confirmation... some signals turn out to be false!
Keep an eye on the next move ๐๐ฌ
Expect a bounce soon? ๐ค๐