Matrixport: The RSI indicator has reached a new low since August last year. Bitcoin usually rebounds after being oversold.
Matrixport published an analysis stating that Bitcoin is oversold. Historical data shows that there is usually a rebound after overselling. Currently, the relative strength index (RSI) has reached its lowest point since August of last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Brazil’s B3 stock exchange to launch $ETH and $SOL futures in June
Share link:In this post: The Brazilian Stock Exchange (B3) has announced that the launch of ether and Solana futures contracts will be on June 16. These contracts will be traded in US dollars at prices of 0.25 ETH and 5 SOL, respectively. Bitcoin futures contract prices, which are now at 0.1 BTC, will be decreased to 0.01 BTC.
Scientists at CERN successfully turned lead into gold
Share link:In this post: Researchers at CERN used a process called transmutation to turn to lead into gold. The amount produced was too small to be considered valuable, but the results could lead to better experiments. This isn’t the first time modern scientists have used science to create gold.
FED Balance Sheet Down $17B In 30 Days, Is This The Bitcoin Trigger?
US Cryptocurrency Friendly GENIUS Bill Rejected! US Treasury Secretary Made a Statement!
Trending news
MoreCrypto prices
More
