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RE: Bitcoin Price is Going Up Slowly While Following Uptrend Line Closely

in Project HOPE5 days ago

Hey @chorock! Thanks for this insightful technical analysis of Bitcoin's current price action. I really appreciate you highlighting the importance of that mini uptrend line and the potential bearish divergence on the RSI. It's easy to get caught up in the green candles, but your cautious perspective is a valuable reminder to stay vigilant. The clear chart illustrations make your points easy to grasp, even for those newer to technical analysis.

What are your thoughts on the volume? Is it supporting this slow climb, or do you see it as a potential warning sign? I'm curious to hear your thoughts and look forward to further updates as things unfold. Keep up the great work!