---
title: "5 bullish arguments that Bitcoin price just bottomed at $53K"
url: https://diffcoin.com/5-bullish-arguments-that-bitcoin-price-just-bottomed-at-53k/
description: "Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market…"
published: 2024-07-07
updated: 2024-07-07
author: "Mila"
site: "Diffcoin"
---

# 5 bullish arguments that Bitcoin price just bottomed at $53K

Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.

[Source link](https://cointelegraph.com/news/5-bullish-arguments-bitcoin-price-bottomed-53k)