$BTC $ETH $XRP #StrategyBTCPurchase Friends, there is finally good news regarding BTC. It seems that we have seen a local bottom. The price has tested the trendline and EMA 50 again, the structure remains bullish, and this is a really important moment because without it, the upward movement would be in question. Right now, everything looks like the market is ready to push higher.
If we fell out of this structure, we could talk about a reversal and the beginning of a bear market. Remember that it will start eventually, it's inevitable, but given the current picture, it's probably not today.
The only point that is a bit concerning is the bearish divergence on the RSI on the weekly chart. Everyone sees it now; it's in plain sight. Here, the key will be the next move of the BTC price; either the market will create another lower high on the RSI, or it will break the resistance and form a higher high than the previous one. If it breaks, the targets for BTC will be much higher than those I mentioned earlier.
Locally, everything is looking pretty good so far. There is a chance to see a good rise in the crypto market. It is clear that the buyer is not giving up.


