Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin’s relative strength index has dropped well below 30 to its strongest oversold reading since March 2020. A technical analysis indicator shows extreme oversold conditions…
Tag: RSI
XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions supported a price recovery, analysts said. The crypto market extended its recovery during…
Weekly Bitcoin Price Indicator Prints Strongest Bull Signal Since Early 2018
A technical indicator used to identify the momentum behind asset prices is registering its highest value since the beginning of 2018 when applied to bitcoin,…
Bitcoin Price Analysis: BTC/USD Long-Term Outlook Strongly Bullish
Bitcoin Price Analysis: BTC/USD 4-hour chart Looking at the 4-hour chart, Bitcoin has continued to trend higher while forming higher highs and higher lows within…
Why Bitcoin (BTC)’s Next Big Move Will Be Decisive
Bitcoin (BTC) is at a critical point at the moment. The moves it makes from here on out will determine whether the gradual shift in…
Bitcoin Price Intraday Analysis: BTCUSD Recovers on Weak Upside Promise
The Bitcoin market on Wednesday attempted a decent bullish recovery, extending the recent marginal gains to an impressive 10% upside from the previous lows. The…
Up 45%: Is Bitcoin’s Price Preparing for Long-Term Bull Market?
Bitcoin’s (BTC) 45 percent month-on-month rally has likely put the leading cryptocurrency on the path to long-term success, technical studies indicate. As of writing, BTC…
Bitcoin Bull Move on Hold as Downside Risks Grow
Bitcoin (BTC) traded largely sideways over the last 24 hours, though a dip soon before press time may threaten a developing bullish chart pattern if…
Bitcoin Hits One-Month Low As $10K Sell-Off Resumes
Bitcoin’s (BTC) drop to one-month lows below $8,000 has strengthened the bear grip on the markets, the technical charts indicate. The cryptocurrency fell to $7,925…
Major Cryptocurrencies Are Hitting 2018 Lows Today
Bitcoin’s drop to an 11-day low of $7,438 is hogging the limelight, as usual, but other cryptocurrencies are struggling too. Today, ether (ETH), Ripple’s XRP…