2 years ago
BTC was trading astatine astir $41,500 astatine property clip and is up 2% implicit the past 24 hours.
Short-term momentum signals person turned upward, particularly aft a downside exhaustion awesome appeared connected March 7. Further, the comparative spot scale (RSI) connected the regular illustration is rising supra oversold levels (above 50), suggesting the four-month-long downtrend successful terms is nearing an end.
Still, determination is important overhead absorption connected the charts, which could stall the existent terms bounce.
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