BTC slow recovery

30 thg 7, 2022

BTC retested its trend line and is looking likely to close the month above the EMA 50. It can also be seen from the charts that BTC is forming a hidden bullish divergence as the price shows an upward trend, while the RSI shows a downward trend. The high volume also supports this bounce as there is a high demand for BTC below the 20k price levels.