According to Crypto Rover, Bitcoin is currently showing a hidden bullish divergence on key technical indicators, suggesting a possible upward reversal in the near term (source: Crypto Rover on Twitter, June 4, 2025). Traders are closely monitoring the relative strength index (RSI) dynamics, as the divergence between price action and momentum could indicate strong underlying buying pressure. This technical setup is often interpreted as a precursor to bullish momentum, increasing the likelihood of upward price movement. Crypto market participants are advised to watch for confirmation signals before entering new long positions, given the increased volatility and market sensitivity around such divergences.

According to Michaël van de Poppe, a well-known cryptocurrency analyst, there is a strong bullish divergence on Bitcoin, suggesting a potential breakout if Bitcoin can hold above the $80,000 resistance level. This technical pattern indicates a possible reversal of the current downtrend, providing traders with a critical point of focus. Van de Poppe emphasizes that maintaining this level could signal a significant upward movement in Bitcoin's price, making it a crucial threshold for bullish traders to monitor.

According to Michaël van de Poppe, Bitcoin is experiencing a strong bullish divergence with an additional confirmation after testing the $80,000 mark and bouncing upwards. This suggests a potential continuation towards $85,000 or more in the upcoming week, contingent on either a deal being made or intervention by a central bank.