Technical analysis by The_Trading_Wizard_ about Symbol BTC: Buy recommendation (7/15/2024)

Bitcoin finally gained bullish momentum after forming a bullish divergence on the daily timeframe on the RSI and breaking the downtrend line (and SMMA), I believe we may see a correction of this movement in the short term, but most likely we will reach 70k again in the coming days/weeks.The German government has completed the sale of all Bitcoins, leaving this asset free to return to its Bull trend. (less selling pressure)