BTCUSD neutral

Bullish divergence on Bitcoin chart

05 May 2022 398
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Bicoin continues to move in the sideways trend. Recently, the price has reached the bottom level of the diapason at $37500.

Additionally, the bullish divergence of the price and the Stochastic indicator, which has already left the oversold area, is visible on the chart.

So, it’s possible for Bitcoin to rise again to the levels of $42000 and $44000.

This content is for informational purposes only and is not intended to be investing advice.

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