Bitcoin Shows Ideal Set Up For Epic Rally: Stock-to-Flow and Oversold RSI

Bitcoin price is in recovery mode, after the first-ever cryptocurrency suffered a record-breaking collapse and fall to under $4,000, shocking the crypto community and the world at large. The selloff has led to extremely oversold conditions, according to the Relative Strength Index indicator. When combined with a Bitcoin valuation substantially below where the highly cited…

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Author: toutiao