Bitcoin [BTC] saw a 6.89% price bounce from the 10th of March’s 1-day trading session price, closing at $78.6k. It has ...
Long-term investors can draw solace from the fact that the dominance and RSI trends did not match the previous cycle tops.
The Bitcoin Rainbow Chart indicates that the price is “still cheap” as it imitates the 2021 bull cycle, where the Relative Strength Index (RSI) stayed above 70 for weeks before declining.
Many Bitcoin investors use a long-term strategy and use tools such as the Bitcoin Rainbow Chart. This graph gives an ...
Bitcoin futures on CME had their biggest drawdown in history for the past three months. There are signs the trend may reverse ...
Bitcoin has fallen below $80,000, down 27% from its January peak, but market indicators suggest this may be a mid-cycle ...
but a more realistic Bitcoin Rainbow Chart predicts a 30% price increase. Considering declining growth rates post-halving, Bitcoin's current performance may be overestimated, suggesting a more ...
Below, we take a closer look at bitcoin’s chart and apply technical analysis to identify crucial price levels to watch out for. Bitcoin’s price has carved out two peaks around the same level ...