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Bitcoin Price Action: Technical Insights from Recent Trends
- Bitcoin technical analysis indicates the cryptocurrency market trend remains upward, with higher highs and higher lows.
- RSI and Moving Averages suggest a potential reversal to the upside in the next few days.
- On the 1H timeframe, there is a bullish divergence on RSI, indicating a potential bounce off previous lows.
- BTC price hovering around 4H and 1H Moving Averages, aiming to form a bottom.
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