Bitcoin $BTC defies September slump: Bullish RSI divergence signals more gains

Bitcoin [BTC] has experienced a strong upward momentum throughout the month. Historically, September is associated with a bearish trend. However, this month has seen a dramatic shift with BTC making higher lows.

In fact, as of this writing, Bitcoin was trading at $65,530. This marked a 10.52% increase on monthly charts with the extension of the uptrend by a 4.16% surge over the past week.

However, the last 24 hours have seen a minor correction with Bitcoin declining by 0.46%.