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Crypto Rundown: Bitcoin's Hidden Technicals: Bullish Divergence

CRYPTO 101

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Bitcoin Price Volatility and Historical Analysis

The chapter dives into Bitcoin's recent price volatility, analyzing a drop from 64K to 53K over the US Independence Day holiday and the struggle to break previous support turned resistance levels. It emphasizes the importance of historical data and technical indicators like RSI and MACD to understand potential price movements and trends, highlighting possible bullish divergence and hints at a price rally similar to past instances.

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