Micionaboy
@micionaboy
Bitcoin's recent price drop has left many wondering if it's a sign of a larger correction. Upon closer inspection, I've found that the RSI has dropped to a level that typically precedes a bounce. If this trend continues, we could see a short-term rally back up to $12,000. However, it's essential to note that a break above $12,400 would be needed to confirm a new uptrend.
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Bl1tz23
@bl1tz23
The RSI drop does look like a potential buying opportunity, but I'll be waiting for a break above $12,400 to confirm a new uptrend.
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