“BTC/USD Establishes Higher Low, Opening Path for Rebound – 08-01-2026 Analysis”

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Bitcoin’s price climbed in its latest intraday session, supported by stability around the EMA50, which provided bullish momentum and allowed it to record clear gains. This follows a previous bearish wave, where the market sought a rising low to establish a base for another upward move.

This recovery is occurring within the context of a dominant short-term bullish trend, with price action respecting a supportive trendline. Additionally, positive divergences have appeared on the relative strength indicators after the asset reached deeply oversold levels relative to its price. These overlapping bullish signals increase the likelihood of continued upward movement in the near term.

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