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Market Cap:
24h Vol:
Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
Cryptopolitan
2024-01-16 10:25:58

BTC price remains above $40K despite RSI dipping to 4-month lows

BTC price remains above $40K despite RSI dipping to 4-month lows

Bitcoin’s Relative Strength Index (RSI) drops to levels not seen since September, indicating potentially oversold conditions despite BTC’s price above $40,000. Bitcoin (BTC) is on a rollercoaster ride as its Relative Strength Index (RSI) hits its lowest level in four months. The RSI suggests potentially oversold conditions despite trading above the $40,000 mark. Analyst Matthew

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