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Bitcoin Flashes 2022 Bottom Signal as Weekly RSI Diverges Bullish

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin's weekly RSI displays a bullish divergence mirroring the 2022 bear market bottom, while stochastic RSI confirms a bullish crossover.
  • Although daily RSI enters overbought territory near 83, analysts suggest these technical momentum patterns signal a cycle inflection point and long-term trend shift.
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77497.87 +17.63% over the displayed period

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