News with the tag "Bitcoin RSI"

As the cryptocurrency market continues to evolve, investors and traders closely monitor technical indicators to gauge the market’s direction. One such crucial metric is the Relative Strength Index (RSI) , which helps identify overbought or oversold conditions. In a recent update on X (formerly Twitt...

Bitcoin experienced an explosive surge yesterday, with bulls driving the price to a new all-time high (gain) at $89,980. This relentless uptrend highlights growing optimism among investors as Bitcoin continues to break new ground. Renowned trader and analyst Cheds recently shared a compelling techni...

Bitcoin is firm at press time. According to CoinMarketCap data, the world’s most valuable coin is changing hands above $63,500, steady on the last day and up a decent 7% over the previous week of trading. Technically, the uptrend remains as long as prices stay above the support zone at around $58,00...

An analyst has pointed out how an indicator is forming a signal for Bitcoin that has proven to be quite bullish for the asset during the past two years. Bitcoin Daily RSI Has Dipped Into The Oversold Territory In a new post on X, analyst Ali Martinez has discussed the latest trend forming in the Rel...

The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark.