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I just noticed something interesting on the daily chart of Bitcoin. BTC's RSI finally broke that downtrend that had been dominating for 17 months. It's not just any rebound; this looks different.
When you see a technical break at this level after so long in the red, it usually means that something is changing in market sentiment. Bitcoin is showing signs that sellers are finally losing control.
Could this be the start of something bigger? For now, what’s clear is that BTC's RSI has just marked an important inflection point. It’s worth paying attention to how this develops in the upcoming moves.