BTC price faces crucial trend battle as Bitcoin RSI confirms breakout
Bulls have something to celebrate after a classic on-chain metric prints its first major divergence in months. Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI breaks a two-month traditionData from Cointelegraph Markets Pro and TradingView shows that sustained BTC price action above $37,000 this week has allowed the relative strength index (RSI) to diverge from a multi-month downtrend.After going from $36,700 to $39,280 in....
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