Bitcoin RSI has dipped below 30.
Updated
Bitcoin Technical Analysis Update
In the past, when Bitcoin's daily chart RSI drops below the 30 level on the daily chart, we often see an upward move in Bitcoin's price from that level. It is considered a bottom for Bitcoin in that trend.
Currently, Bitcoin's daily chart RSI has dipped below the 30 level. This could be considered a bottom for Bitcoin, and we can expect an upward move from the current level.
Regards
Hexa
In the past, when Bitcoin's daily chart RSI drops below the 30 level on the daily chart, we often see an upward move in Bitcoin's price from that level. It is considered a bottom for Bitcoin in that trend.
Currently, Bitcoin's daily chart RSI has dipped below the 30 level. This could be considered a bottom for Bitcoin, and we can expect an upward move from the current level.
Regards
Hexa
Comment
200 EMA will act as good support for bitcoin.
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🌐Website: hexatrades.io/
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