๐จ $BTC UPDATE โ PART 1: THE RECOVERY SIGNALS
๐ $BTC : $62,758
Some positive signs are finally appearing:
โ RSI recovered from 15.29 โ 25.67
โ Panic selling is slowing down
โ Volume is declining
โ $59,130 low is still holding
โ Double-bottom setup is possible
But don't celebrate yet...
โ ๏ธ $BTC is still far below the EMA20 ($68,727)
โ ๏ธ Overall trend remains bearish
For now, this looks like a relief bounce, not a confirmed trend reversal.
๐ $BTC : $62,758
Some positive signs are finally appearing:
โ RSI recovered from 15.29 โ 25.67
โ Panic selling is slowing down
โ Volume is declining
โ $59,130 low is still holding
โ Double-bottom setup is possible
But don't celebrate yet...
โ ๏ธ $BTC is still far below the EMA20 ($68,727)
โ ๏ธ Overall trend remains bearish
For now, this looks like a relief bounce, not a confirmed trend reversal.