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Is BTC on the way back up?

RSI is showing bullish divergence and with the Heikin Ashi candles turning green on the daily. We are yet to make a higher high, but so far so good.

Has BTC found a bottom? We have been bouncing off the 6k zone for a number of weeks now and it looks like it's going to hold. With the likes of XRP breaking out, this could be the catalyst required to see BTC breakout of the bear trend. Interest in the crypto space is increasing. Many alt coins are making moves which could bring BTC up with them.



BTCUSDTrend Analysis

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