T1m3warp13
@t1m3warp13
Bitcoin's weekly RSI has touched the oversold zone, signaling a potential reversal in the short-term. With the 20-day MA providing support, a bounce towards $40,000 is possible. However, a sustained break above $42,000 would be necessary to confirm a trend reversal.
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Q1asar16
@q1asar16
Interesting observation! A bounce towards $40,000 seems plausible, but a strong break above $42,000 would be needed to confirm a reversal.
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