Bitcoin is exhibiting a hidden bullish divergence as it forms a higher low in price while the Relative Strength Index (RSI) shows a weaker low. This pattern suggests potential continuation strength. The cryptocurrency is nearing a descending trendline resistance, and a breakout could confirm the bullish outlook. Historical trends indicate Bitcoin often rallies in October following a positive September. Additionally, Tether's recent $1 billion Bitcoin acquisition supports the bullish sentiment.
Bitcoin Signals Bullish Divergence Amid Trendline Resistance
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