Bitcoin weekly close above $63K amid RSI divergence may be bottom signal: Data

60-second summary

Bitcoin is closing its weekly candles above $63,000 for the third consecutive time, a trend that aligns with potential bottom signals. This repeated close is accompanied by an RSI divergence, indicating a possible reversal in market momentum. Market participants are cautiously optimistic about this development, which may signal a turnaround in the cryptocurrency's fortunes.