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 ...
Many Bitcoin investors use a long-term strategy and use tools such as the Bitcoin Rainbow Chart. This graph gives an ...
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Bitcoin faces price struggles despite positive news, with key indicators suggesting a potential correction ahead.