has returned, and in a good way for the bulls. So IMO
it's going to be a "Buy the Dip" environment for the near term. With halving approaching, I think this is just getting started. So my analysis will focus on hourly timeframe and looking for opportunities there, with daily time frame providing major areas and support and resistance
. As you can see we have a bearish
divergence on RSI
and the oscillators while price has hit the upper line of the uptrending channel, Plus we are right near the resistance area
of a 50-61.8% fib retracement level. Will publish daily view next.