Bitcoin has finally bounced after plunging as low as $11,400 on Friday. The asset trades 2% higher in the past 24 hours as the BTC price is retesting $11,700. Bitcoin remains in a bearish state despite the ongoing recovery, according to some analysts. One noted that there is a bearish divergence suggesting BTC will fall towards $10,500. A bearish divergence is when an asset moves higher in price while an indicator (often trend indicator) moves […]
