Bitcoin (BTC) Price Watch: Short-Term Bullish Divergence Seen?

Bitcoin Price Key Highlights

Bitcoin price continues to trend lower but is currently testing short-term support. A bullish divergence can be seen on stochastic, signaling a possible bounce back to the top. The Fibonacci retracement tool shows the nearby upside targets.

Bitcoin price could be due for a bounce off the channel support back to the nearby Fibonacci retracement levels.

Technical Indicators Signals

The 100 SMA is below the longer-term 200 SMA to indicate that the path of least...

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