Bitcoin rallies to $113.9K as bullish divergence points to trend reversal

Bitcoin’s bullish divergences on the RSI metric, along with record-low volatility, were early signs that the rally to $113,900 was in the making. Is the sell-off over?

Key takeaways:

Bitcoin bounced to $113,900 after testing weekly lows, fueled by bullish divergences.

Whale-sized entities have sold 147,000 BTC since August, signaling supply pressure.

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