Bitcoinist
2020-07-08 12:00:05

One of Bitcoin’s Crucial Macro Indicators Just Formed a Bullish Breakout

From the lows seen on Sunday, Bitcoin has sustained a healthy bounce. As of the time of this article’s writing, the leading cryptocurrency trades for $9,250. At the local peak on Monday, it traded as high as $9,400 on major exchanges. While the cryptocurrency is not yet above the crucial $9,400-9,500 resistance region, an analyst has observed that a breakout is taking place. The breakout is in Bitcoin’s one-day relative strength index (RSI), which indicated […]

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