Thursday, November 7, 2024
Home > News > Bitcoin News > Bitcoin All-Time High Breakout Could Target $86K According to Technical Indicators

Bitcoin All-Time High Breakout Could Target $86K According to Technical Indicators

The relative strength index (RSI) on the daily chart is the most overbought since February (current reading around 78), which preceded a brief price pullback. However, at that point, BTC continued to rally about 10% before hitting the April all-time high of $64,899, after which upside momentum slowed.

Source