On-chain analyst: Bitcoin RSI is currently in the oversold area again
By:Cointime
According to on-chain analyst Ali, in the past two years, Bitcoin's daily RSI has touched the oversold area three times, leading to price surges of 60%, 63%, and 198% respectively. Currently, Bitcoin is below $62,000 and the RSI is once again in the oversold area.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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