November 8, 2024

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Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing

1 min read
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market GuessingAs of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating neither overbought nor oversold conditions, suggesting that BTC has room […]