Technical analysis by ScottMelker about Symbol BTC: Buy recommendation (8/19/2025)

Bitcoin is showing bullish divergence coming out of oversold RSI on the 4-hour chart. As you know, this is my favorite signal. That said, I want to see a clearer “elbow up” on RSI to confirm. Remember, there was a bearish divergence with overbought RSI at the recent top… as usual.