Friday, April 4, 2025
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Overbought Or Ready To Rip? Bitcoin Daily RSI Reaches Explosive Levels

Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI reading in BTCUSD is deceiving, leading to some of the most dramatic moves

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Junk-Rated El Salvador’s ‘Bitcoin Bonds’ Look Explosive (Think Volcano)

While El Salvador’s new bitcoin-linked bond may be one of the highest-yielding fixed-income instruments globally, it might turn out to be riskier than the country’s outstanding government bonds, which are already categorized as junk-grade.Some experts said the new offering might struggle to attract investors, especially because the bond appears to

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Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action

Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says.In its latest market update on Friday, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast.Next stop $85,000 for BTC/USDDespite BTC/USD being kept below $50,000 this week,

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Bitcoin NVT ratio suggests BTC may see another ‘explosive move’ as search interest spikes

Bitcoin (BTC) may have hit new all-time highs of $37,600, but one indicator suggests that yet another bull run is incoming.Released in the latest weekly report from Stack Funds, data from Bitcoin's network value to transaction (NVT) ratio still remains firmly bullish.Report: NVT suggests Bitcoin "not overvalued"According to analysts at

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