Day March 20, 2023

March 20, 2023

Analyzing Bitcoin’s Price Action: Is a Retracement Likely After RSI Overbought Condition?

Bitcoin has experienced a significant uptrend over the past week, starting with a sharp V-shaped rebound from the 200-day moving average, which is positioned around the $20K region. This was followed by a decisive breakout above the $25K resistance level. Currently, Bitcoin is approaching the critical $30K zone, a key…

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Day March 20, 2023

Analyzing Bitcoin’s Price Action: Is a Retracement Likely After RSI Overbought Condition?

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