June 12, 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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BTCUSDT, Long Signal

BTCUSDT, Long Signal

BTCUSDT, Long Signal Bitcoin / TetherUS BINANCE:BTCUSDT RichPenny23 Pure technical. Support found at 40600-40700. A bounce is likely here to 41000. Algo also put out a long signal at support.