July 29, 2026

Could there still be hope for BTC?

Could there still be hope for BTC?

Could there still be hope for BTC?

Could there still be hope for BTC?

Bitcoin / TetherUS BINANCE:BTCUSDT
amourification


Could there still be hope for BTC?

From what I see, the price action dipped below the macro support region highlighted with the yellow box.
However, this region was able to hold support and the price retracted upwards creating a nasty wick and currently trading at the support level of 27.7-28.5K.
The created lower lows are so far met with a higher low on the RSI and MACD oscillators, which could indicate a possible BULLISH DIVERGENCE on the 1D timeframe.
I am no expert, but this is what I could see?
Can you see it too?!

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