8 / 8 Relevant items tagged with #RelativeStrengthIndex

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Bitcoin Rally Continues: Analyst Predicts $70,000 Target Soon

[Mar 5, 2024 7:09 AM] Bitcoin continues to maintain its momentum toward the upward trajectory, touching the $68,000 price mark earlier today, leading to speculations about how long it will take to hit a new peak. Bitcoin To Reach $70,000 In A Matter Of Time With the…

Why “Overbought” Bitcoin Could Trigger A 107% Rally

[Jan 31, 2024 8:33 AM] Bitcoin price had previously been showing extreme strength leading up until the debut of the first spot ETFs. That strength has since subsided, leading to a 20% correction in BTCUSD. A popular technical indicator that measures momentum, however…

Down But Not Out: The One Line Bitcoin Must Hold To Be Bullish

[May 24, 2023 2:11 PM] Bitcoin price is falling, testing the low $26,000 area of support after weeks of painful, sideways consolidation. While the horizontal support line is clearly important, it’s nowhere near as critical as another line that BTCUSD absolutely must hold…

This Bullish Bitcoin Technical Signal Suggests The Bottom Is In

[Mar 21, 2023 10:31 AM] Bitcoin price is currently trading at $28,000 only a week after retesting below $20,000 – potentially leaving that price range behind forever. The powerful, more than 30% one-week rally has brought the top cryptocurrency to a bullish technical…

Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market

[Jan 23, 2023 4:23 PM] Bitcoin price continues to push higher, leaving very few pullback opportunities thus far for those that failed to buy below $20,000. Price action on BTCUSD the weekly timeframe, according to the Relative Strength Index, has reached a critical line…