BT

Bitcoin

BTC 1 Hour Move
+1.36%
$59,822.00 → $60,638.00

Why Bitcoin is up 1.4% in the last hour

Analysis

Bitcoin (BTC) rose about 1.4% over the past hour as traders reacted to ETF-flow and technical-signal commentary pointing to improving momentum. Cointelegraph highlighted a bullish RSI divergence that has some analysts comparing the setup to a 2022-style bear market bottom, supporting a short-term bid.

Contributing Factors (3)

#1
Cointelegraph ETF Flows 11 hours ago

Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom

Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.

Confidence
87%
Read source
#2
BeInCrypto ETF Flows 4 hours ago

XRP ETF Inflows Hit 8-Week Streak: Will Bitcoin ETF Outflows Continue?

XRP ETFs logged $22.99M in net inflows last week while Bitcoin ETFs bled hundreds of millions as BTC fell below $60,000. The post XRP ETF Inflows Hit 8-Week Streak: Will Bitcoin ETF Outflows Continue?...

Confidence
79%
Read source
#3
Cointelegraph ETF Flows 4 hours ago

BTC price RSI prints key 2026 signal: Five things to know in Bitcoin this week

Bitcoin prepped an "interesting" RSI divergence into the Q2 and June candle close as analysis compared $60,000 to the $30,000 mark in the 2022 bear market.

Confidence
77%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $59,822.00
End Price $60,638.00
Change +1.36%
Detected Jun 29, 2026 12:20 PM

Explanation Confidence

83%

High confidence in the explanation based on source reliability and timing.