This alert is talking about a possible positive (bullish) movement in Bitcoin's price.
Bullish Divergence means Bitcoin's price is dropping (lower low), but an indicator called RSI is showing more buying strength (higher low), which could be a sign the price might go up soon.
Important Levels:
Resistance at $62,724: This is a price level Bitcoin needs to break above for the bullish signal to be strong.
Support at $61,216: If the price drops below this level, the bullish signal might not work anymore.
Next Move:
If Bitcoin goes above $62,724, it could mean a good chance for the price to go higher, aiming for $64,231.
Before making any big decisions, check if trading volume increases (shows more buying activity).
Caution: If Bitcoin drops below $61,216, this positive setup could fail, so be careful and manage your risk
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