According to Foresight News, Swissblock analysis indicates that despite Bitcoin facing downward pressure, there is no clear sign of a significant sell-off in its price momentum. Throughout the spring, Bitcoin experienced persistent negative momentum, aligning with pullbacks and lower highs. In June, momentum gradually decreased, followed by a pullback, stabilization, and a reversal to positive momentum. The short-term trend saw a burst in momentum, although the price failed to reach higher points, suggesting a bullish divergence
source: https://www.binance.com/en/square/post/29102712232562?utm_source=BinanceNewsRSS