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Weekly chart The RSI dropped below the key support of 53.00 on the weekly chart in late January, signaling a bullish-to-bearish trend change. As of now, it's holding in oversold territory below 30.00.
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets. BTC $ 91,507.67 ...
Here's some technical catnip for thodse who like to indulge, courtesy of Mark Newton at Fundstrat. Below is a weekly chart of the S&P 500, with its relative strength index, a momentum gauge, in ...
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