This Historical Analysis Suggests Bitcoin Price Will Undergo a “Quick Reversal”

Even after a healthy $500 bounce, Bitcoin is still down over 15% in the span of four days. The price of the leading cryptocurrency is currently $10,250, around $500 above the recent lows. BTC remains in an uncertain spot, with strong support to the downside but also strong resistance on the upside. Bitcoin may be ready to move even higher, though, according to a new RSI analysis by a chartist. The analysis suggests that Bitcoin […]
Bitcoinist.com

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Author: toutiao