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Bitcoin RSI Indicator Signals Potential 60% Surge Amid Market Sell-Off

Bitcoin RSI Indicator Signals Potential 60% Surge Amid Market Sell-Off


CoinOtag
2024-06-26 00:07:17

Bitcoin’s current technical indicators hint at a potential significant price surge following a recent market downturn below the $60,000 mark. The Relative Strength Index (RSI) has entered oversold territory, historically a precursor to price increases for Bitcoin, according to analysts. Financial expert Ali Martinez highlights that previous instances of Bitcoin’s RSI hitting oversold levels have


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