Bitcoin Forming Technical Setup That Previously Resulted in Bullish Reversals, According to Analyst
2025-04-13
btc.jpg 1365w, https://dailyhodl.com/wp-content/uploads/2024/10/Significant-Catalyst-for-BTC.jpg?resize=300,176 300w, https://dailyhodl.com/wp-content/uploads/2024/10/Significant-Catalyst-for-BTC.jpg?resize=768,450 768w, https://dailyhodl.com/wp-content/uploads/2024/10/Significant-Catalyst-for-BTC.jpg?resize=1024,600 1024w, https://dailyhodl.com/wp-content/uploads/2024/10/Significant-Catalyst-for-BTC.jpg?resize=750,440 750w, https://dailyhodl.com/wp-content/uploads/2024/10/Significant-Catalyst-for-BTC.jpg?resize=1140,668 1140w" sizes="(max-width: 1024px) 100vw, 1024px" />Widely followed crypto analyst Rekt Capital says that bitcoin (BTC) is displaying textbook pre-rally behavior as technical indicators and price action flash green. The pseudonymous analyst tells his 543,000 followers on the social media platform X that BTC is showing bullish divergence with the relative strength index (RSI). A bullish divergence happens when a momentum-focused […]
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