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.
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 ...
Bitcoin futures on CME had their biggest drawdown in history for the past three months. There are signs the trend may reverse ...
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 ...
Bitcoin faces price struggles despite positive news, with key indicators suggesting a potential correction ahead.
Bitcoin (CRYPTO: BTC) miners have faced a challenging year, but analysts at Bernstein remain optimistic, driven by a blen ...
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