It is interesting to note that between May 18 and July 20, 2021, despite a bullish divergence on the RSI, the price of BTC followed a downward trend, oscillating between 40.8K and 29.9K.
We are currently in this area; the current market conditions (see the idea linked to this post) may make us think of a rebound in the price of BTC in the 40K zone.