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1️⃣ Technical Analysis (Indicator & Price Flow) 🔹 RSI (Relative Strength Index): 48.59 The current RSI level of 48.59 indicates Bitcoin is in neutral territory, neither overbought nor oversold. Historically, when RSI levels exceeded 70, such as during the bull runs of late 2021, Bitcoin experienced significant upward momentum, often followed by a consolidation phase … Read more

1️⃣ Technical Analysis (Indicator & Price Flow) 🔹 RSI (Relative Strength Index): 54.92 The RSI level of 54.92 suggests that the Bitcoin market is currently neutral, indicating neither overbought nor oversold conditions. Historically, when RSI approaches 70, it has often signaled potential price reversals indicating overbought conditions, leading to a correction. Conversely, an RSI below … Read more

1️⃣ Technical Analysis (Indicator & Price Flow) 🔹 RSI (Relative Strength Index): 48.37 The current RSI of 48.37 indicates neutral market conditions, usually reflecting neither overbought nor oversold statuses. Historically, when RSI has surpassed 70, Bitcoin has shown signs of being overbought, often followed by a corrective phase. Conversely, an RSI below 30 suggests oversold … Read more

1️⃣ Technical Analysis (Indicator & Price Flow) 🔹 RSI (Relative Strength Index): 57.67 The current RSI level of 57.67 indicates a neutral market, although it’s leaning towards overbought territory. Typically, when the RSI exceeds 70, Bitcoin has historically entered a rally phase, often followed by a correction as traders look to capture profits. Conversely, when … Read more