Bitcoin (BTC) Price Prediction: Hidden Bullish Divergence on Bitcoin Hints at Strong Rebound Toward $110K
**Bitcoin (BTC) Price Prediction: Hidden Bullish Divergence on Bitcoin Hints at Strong Rebound Toward $110K**
Bitcoin (BTC) is showing early signs of recovery as traders identify a hidden bullish divergence on key technical indicators. This signal hints that the leading cryptocurrency could be preparing for a rebound toward the $110,000 level.
The bullish outlook is further reinforced as macro liquidity expectations improve and institutional inflows into Bitcoin ETFs remain steady, supporting a broader positive sentiment in the market.
### Bitcoin Price Steadies as RSI Divergence Confirms Buyer Strength
Bitcoin is currently trading near $101,724, up 0.46% over the past 24 hours, according to data from Brave New Coin. Although the cryptocurrency remains well below its all-time high of $126,198, on-chain and momentum indicators suggest renewed accumulation.
Market analyst Mister Crypto (@misterrcrypto) highlighted a hidden bullish divergence between Bitcoin’s price and its Relative Strength Index (RSI). This formation typically indicates weakening bearish pressure and a potential continuation of an upward trend.
“Hidden bullish divergence on Bitcoin’s RSI hints at underlying buying strength, even as prices retest local lows,” he shared on X.
### Bitcoin Liquidity Sweep Could Precede Upside Move
Despite the bullish setup, short-term volatility remains a factor as traders carefully monitor Bitcoin’s liquidation heatmap for potential liquidity sweeps.
Analyst Ted (@TedPillows) pointed out that long liquidations between $98,500 and $99,700 could trigger some short-term downside before a relief bounce. He explained, “After that, Bitcoin could sweep the upside liquidity too, which is sitting around $105,000.”
Data from Coinglass and Bybit support this thesis, showing that liquidity-driven flushes often resolve with higher prices, particularly during trending bull markets. Historical analyses suggest these liquidity sweeps lead to upside continuations about 70% of the time.
With weekend trading volume typically thinning, analysts expect short-term volatility to persist. However, inflows from prominent ETFs managed by BlackRock, Fidelity, and others continue to bolster Bitcoin’s bullish narrative.
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*Stay tuned for further updates as Bitcoin’s price action unfolds in the coming days.*
https://bitcoinethereumnews.com/bitcoin/bitcoin-btc-price-prediction-hidden-bullish-divergence-on-bitcoin-hints-at-strong-rebound-toward-110k/