Technical analysis by ScottMelker about Symbol BTC on 11/7/2025

We have POTENTIAL bullish divergence with oversold RSI on the 6 and 12 hour charts. A close slightly lower will also give us divs on the 4-hour. We also have potential divergence on the daily, although not quite oversold. If we bounce after these closes and see a clear lower low on price and higher low on RSI, then the bottom is statistically very likely to be close.