Will Bitcoin make a bullish correction soon? for KRAKEN:BTCUSD by TradingClue

trendline divergence oversold cryptomarket

Looking at the daily candles,

BTCUSD was making lower lows, while Momentum was making higher lows - this could indicate a trend reversal.
RSI is currently highly oversold.
So,

BTCUSD might make a correction up and back to the trendline at around 23875 USD

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