Articles for tag: Bitcoin, bullish reversal, Cryptocurrency market, Investment Strategy, price analysis, RSI divergence, U.S. inflation data

Market News

BTC Chart Shows Bullish RSI Divergence Ahead of U.S. CPI Release: What Investors Should Know

A bullish reversal pattern has emerged in Bitcoin’s daily price chart as traders anticipate U.S. inflation data this Wednesday. Bitcoin recently dropped from $100,000 to under $80,000 due to Market uncertainty, including concerns over Trump’s tariffs and recession fears. Interestingly, while prices hit these lows, the relative strength index (RSI), a key momentum indicator, showed ...

Market News

BTC Price Could Revisit $95K Level as ‘Long Wicks’ Form at 200-Day Average Support

Recent technical analysis of Bitcoin (BTC) charts reveals intriguing signs of potential upward movement. Since last Friday, two significant candlesticks have emerged, suggesting a shift in Market psychology and indicating bullish sentiment at multi-month lows. The price dip seems to have found support at the 200-day simple moving average, with recent candles showing the sellers ...

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