Bitcoin RSI Rebounds From Rare Single-Digit Lows

Key points: Bitcoin market upheaval continues as Galaxy Digital moves thousands of BTC to exchanges. RSI values collapse to rare lows before printing bullish divergences with price. $117,000 emerges as an important BTC price upside target. Bitcoin (BTC) is showing signs of recovery after “oversold” conditions hit rare lows Friday. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView … Read more

Bitcoin RSI Rebounds From Rare Single-Digit Lows

Key points: Bitcoin market upheaval continues as Galaxy Digital moves thousands of BTC to exchanges. RSI values collapse to rare lows before printing bullish divergences with price. $117,000 emerges as an important BTC price upside target. Bitcoin (BTC) is showing signs of recovery after “oversold” conditions hit rare lows Friday. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView … Read more

Bitcoin RSI Rebounds From Rare Single-Digit Lows

Key points: Bitcoin market upheaval continues as Galaxy Digital moves thousands of BTC to exchanges. RSI values collapse to rare lows before printing bullish divergences with price. $117,000 emerges as an important BTC price upside target. Bitcoin (BTC) is showing signs of recovery after “oversold” conditions hit rare lows Friday. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView … Read more