Bitcoin RSI Looking Incredibly Bullish As BTC Bulls Strive To Reclaim $40k

Key Takeaways Bitcoin RSI points toward an upward rerun. Analyst PlanB brands the move bullish. The metric comes as Bitcoin strives to reclaim $40,000. A look into the BTC chart with the RSI indicator proclaims glad tidings to BTC hodlers in a rather uncertain market.

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Dogecoin, Tezos, EOS Price Analysis: 09 February

As the Bitcoin fear and greed index jumped by 26 points over last week, XTZ saw staggering gains while seeing an overbought RSI. Also, EOS invalidated its bearish tendencies by marking a close above tThe post Dogecoin, Tezos, EOS Price Analysis: 09 February appeared first on AMBCrypto.

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BTC price faces crucial trend battle as Bitcoin RSI confirms breakout

Bulls have something to celebrate after a classic on-chain metric prints its first major divergence in months.

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Bitcoin stays near $38K as RSI breakout challenges 'boring' weekend

RSI is on route to repeating a trend break, which sparked "massive" BTC price moves twice in the last year, one analyst notes.

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Solana, Bitcoin Cash, EOS Price Analysis: 26 January

As the bulls clawed back to reopen a recovery window, Solana crossed its 20 EMA but pulled back from its 25 EMA. Its 4-hour RSI still needed to close above the midline to confirm a strong reversal.

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Bitcoin's RSI Reaches Lowest Point in Two Years, Here's Why It Is Possibly Good for Market

Indicator that predicted a reversal that led to ATH run is now sharing another reversal sign

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BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash

It‘s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn.

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BTC price falls to $34K as Bitcoin RSI reaches most 'oversold' since March 2020 crash

It's looking more and more like a capitulation, but so far, open interest remains "unflushed," analysts warn.

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Bitcoin Bottom Might Be Near, RSI Says: Bloomberg

Per analysts at Bloomberg, the most popular price momentum indicator entered crucial zone. Here's how it ended previously

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XRP, Stellar, AAVE Price Analysis: 18 January

Correlating with the Bitcoin sentiment, XRP skewed towards the sellers after marking oversold readings on its RSI and losing the 61. 8% Fibonacci support. Further, Stellar fell below its 20-50-200 SMA.

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Tron, VeChain, Sushi Price Analysis: 12 January

With Bitcoin's 4-hour RSI finding a close above the midline for the first time in two weeks, Tron and VeChain broke out of their reversal patterns. While VeChain reclaimed the vital $0.076-level, TronThe post Tron, VeChain, Sushi Price Analysis: 12 January appeared first on AMBCrypto.

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Bitcoin monthly RSI lowest since September 2020 in fresh ‘oversold’ signal

As a “hidden bullish divergence” begins to play out, anticipation combines with calls to plan a Q1 market exit.

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Polkadot, Solana, Bitcoin Cash Price Analysis: 9 December

The broader market continued to flash a bearish outlook as the RSI of altcoins like Polkadot, Solana, and Bitcoin Cash strived to cross the midline. Furthermore, the near-term technicals for all theseThe post Polkadot, Solana, Bitcoin Cash Price Analysis: 9 December appeared first on AMBCrypto.

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VeChain sets up early reversal after hourly RSI touches oversold territory

Bitcoin's drop-off from $66,000 triggered a market wide correction. As a result, the total crypto market cap dropped by nearly 8% over the last 24 hours to a total of $2.63 Trillion. Smart contract opThe post VeChain sets up early reversal after hourly RSI touches oversold territory appeared first on AMBCrypto.

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Here's How RSI Can Predict Bitcoin Bull Run Peak: Analyst

One of the simplest price action indicators - Relative Strength Index or RSI - can securely predict bull run tops, analyst states

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‘Absolutely Bullish’: Bitcoin RSI Strength Suggests BTC At $98k Is Closer Than Ever

Key takeaways The mammoth Bitcoin bull rally in October is expected to extend into November as well. According to expert trader PlanB, Bitcoin has entered the second leg of the bull rally that began in 2020.

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Bitcoin Cash traders must watch out for these key levels

Bitcoin Cash presented a symmetrical triangle on its chart and awaited a massive breakout. However, the alt maintained a neutral bias as per its RSI and MACD, so a swing was possible in either directiThe post Bitcoin Cash traders must watch out for these key levels appeared first on AMBCrypto.

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CME Bitcoin Futures OI Rips to $5.70 Billion to Claim the Top Spot Over Binance

Bitcoin is taking a break after hitting a new all-time high at $67,000 earlier last week. Towards the end of the last week, we briefly went under $60k, and today it is trading just under $63k. Right before the weekend, Bitcoin had entered into “overbought” territory, with its 14-day relative strength index (RSI) coming in […] The post CME Bitcoin Futures OI Rips to .

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Bitcoin RSI strength suggests BTC price is still far from its cycle top

Sentiment may be in "extreme greed" territory, but math-based metrics continue to leave the door open for further Bitcoin price gains.

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Bitcoin Price Prepares To Blast Off Back Into RSI “Bull Zone”

Bitcoin price is back at nearly $57,000 and is less than $10,000 away from a new setting a new all-time high and heading back into price discovery mode. It is also moments away from re-entering the RSI bull zone, which in the past has led to cryptocurrency cycle climaxes and a bear market to follow.

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‘Large pump’ coming to Bitcoin, hints BTC price metric — But maybe not until December

Stochastic RSI all but copies moves that sparked 2013’s all-time highs, but hodlers may be kept waiting until the very last minute this year.

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$200K BTC price 'programmed' as Bitcoin heads toward 2nd RSI peak

Sky-high prices may seem hard to imagine but so far, bullish metrics are simply repeating previous bull-market years, charts show.

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Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3

The bearish outlook appears also as Cardano’s daily RSI reflects overbought sentiments. However, the euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin are keeping the upside hopes intact.

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Bitcoin Remains Bullish Above $46k amidst Regulatory Advances, But Funds Yet to See any Inflows

While Bitcoin’s 14-day Relative Strength Index (RSI) shows its overbought, it has formed a high low and breached its 200-day moving average. And while BTC investment vehicles had the fifth outflow in a row, Ethereum and other altcoins continue to see inflows.

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Bitcoin RSI Breaks Out

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Bitcoin Daily Close Pivotal To Save Dangerous RSI Breakdown

Bitcoin price is at an inflection point, with nearly every technical indicator mixed due to the weeks of sideways price action. By most standards, technicals slightly lean bearish, but crypto investors are hopeful the secular bull market remains intact.

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Bitcoin's key momentum metric hints at bullish divergence as BTC clings to $33K

The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows.

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May Is Headed to be One of Bitcoin’s Worst Months, Bulls and Bears Fighting for Dominance

There is still very heightened fear in the market, but Bitcoin’s Relative Strength Index (RSI) shows some oversold condition. The crypto industry needs to see “heavy investor inflows” to break out higher and enter the bull mode.

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Bitcoin can hit $92K in April and still not match bull run RSI peaks: Analyst

More proof that Bitcoin is far from the most vertical stage of its bull run comes from PlanB and the relative strength index.

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What Changed in Crypto Markets While You Were Sleeping — April 7

Bitcoin update BTC has been moving downwards since getting rejected by the $59,500 resistance area on April 6. The decrease has been gradual, but technical indicators are still bearish.   The MACD has crossed into negative territory and the RSI is at risk of falling below 50.

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What Changed in Crypto Markets While You Were Sleeping — April 5

Bitcoin (BTC) update After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week. Technical indicators are showing weakness. The MACD has created a lower momentum bar and the RSI is decreasing, nearly crossing below 70.

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Price analysis 3/15: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

Bitcoin’s rejection at its all-time high and a negative divergence on the RSI suggest that BTC's bullish momentum could be weakening and altcoins may see profit-booking as a result.

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Crypto Already Back on Track After Bitcoin Loses $10,000 over the Weekend

Over 20% correction finally came, however, nowhere near the 30% to 40% of 2017, following Bitcoin’s weekly RSI going to 94.7, higher than 2013’s top. The post Crypto Already Back on Track After Bitcoin Loses ,000 over the Weekend first appeared on BitcoinExchangeGuide.

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Don’t Sell Your Bitcoin and Ethereum on RSI Warnings: Analyst

A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed as an oscillator, it can […]

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Analyst Expects Ethereum Correction as Key Indicator Peaks

Ethereum is down 7. 5% in the past 24 hours as Bitcoin has begun to fall from its weekend peak. The leading cryptocurrency is currently under $600 for the first time in many days. Analysts fear a further correction is possible as Ethereum’s Stochastic relative strength index (RSI) has formed a near-term peak.

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Bitcoin Bull Run Is Official According To Monthly RSI, More Bullish Than 2017

Bitcoin is now trading well above $20,000, and at this point will never again see under five-digits. And although the clean break of $20,000 was proof enough that a massive bull run was here, the Relative Strength Index has also breached into bull territory for the first time since 2018.

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Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt

Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018.

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Bitcoin’s weekly RSI suggests breakout above $12,000

A strong rally over the weekend pushed Bitcoin from $10,600 to highs of $11,498...

The post Bitcoin’s weekly RSI suggests breakout above $12,000 appeared first on Coin Journal.

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Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving

Excitement is building around Bitcoin's price as history appears to repeat itself and analysts recall the start of its run to $20,000 all-time highs.

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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For

Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […]

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Bitcoin RSI Reaches Full Power, Highest Overbought Conditions Since June 2019

The most recent push in Bitcoin price by bulls has resulted in the Relative Strength Index, or RSI, reaching full power. The commonly used trend-strength measuring tool hasn’t hit such overbought conditions since the June 2019 top.

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Bitcoin RSI Hits Highest Since June 2019 Top, May Signal Bull Market

The latest rally in Bitcoin has caused the Relative Strength Index to reach shocking highs. Such a reading would typically indicate a pullback is due, however, it can also be a signal that the bull market is back in full force.

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BTC Miners Shrug Off Difficulty Drop But RSI Has Never Been this Weak Before the Halving

Since its sell-off in March, the price of bitcoin has been making a recovery. This positive movement has the miners’ profitability turning positive after being negative following the price crash. As such, the hash rate of the network has increased by 18% since hitting bottom in late March.

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Bitcoin’s RSI Has Never Been this Weak Before a Halving

Bitcoin’s Relative Strength Index is currently sitting at levels never before seen preceding its halving. It’s unclear yet whether this might be a positive or negative forecast of what to expect next month.

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Курс криптовалют на 04.03.2020 (Tezos приятно удивил)

Восстановление цен на криптовалюты с минимума прошлой недели, неуклонно растет, чтобы протестировать 9000 долларов. Bitcoin Согласно Индексу относительной силы (RSI), BTC снова в руках быков. Более того, способность защищать поддержку на уровне $ 8 800 означает, что биток вернулся в бычью фазу.

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Bitcoin Price Trumps $8.5k Low But A Significant Bounce Might Be On The Way. Here’s Why

Bitcoin continued with its daily downtrend hitting new lows and has bounced off $8,455 yesterday. The daily RSI was getting dangerously close to the oversold zone and we might see the digital asset experience at least a relief bounce up to $9,000 before the bears can take over again. For the last two days, Bitcoin […]

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Bitcoin Analysis for 2020-02-11 [Premium Analysis]

The Bitcoin price has been in a corrective phase since reaching a high of $10,187 on Feb 10. Bitcoin Price Highlights The Bitcoin price has broken down from a short-term support line. The hourly RSI is bearish.

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Bitcoin Price 4-Hour RSI Flips Bullish as Traders Brace for $9.5K

Bitcoin bulls are firmly in charge, traders suggest, with short-term indicators looking increasingly promising

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Bitcoin Analysis for 2020-01-24 [Premium Analysis]

Bitcoin Price Highlights The Bitcoin price broke down from a range of $8,550-$8,750. The RSI successfully completed a failure swing top. The RSI broke down from a descending triangle. There is minor support at $8,350 and $8,000.

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