Thursday, April 18, 2024
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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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Bitcoin analyst reveals new key levels as Ethereum price nears 3-week high

Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$17,000 "possible" thanks to CPI printData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,906 on Bitstamp, up $300 from the previous day’s

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BTC price levels to watch as Bitcoin limps into Christmas under $17K

Bitcoin (BTC) entered the Christmas holiday period unchanged at $16,800 as an eerie lack of volatility persevered. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopeful price target sees Bitcoin at $17,400 Data from Cointelegraph Markets Pro and TradingView confirmed another day of an almost imperceptible range for BTC/USD just below $17,000.The pair had

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