For the previous few days, Bitcoin has been stabilising between $31,000 and $40.000. The bulls are presently trying a rebound after the bears failed to keep the price below the range's support. The relative strength index's positive divergence suggests that bullish momentum is building.
On the negative, RSI doesn't give accurate direction of price range. It is moment driven and not strong enough to lead direction. That is not to be relied on because the overall chart overview is still on bear for Crypto market.