Technical Indicator Flashes Hidden Sign of Emerging Bitcoin Strength, According to Crypto Trader
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Crypto analyst Rekt Capital suggests Bitcoin's Relative Strength Index (RSI) is breaking out of a long-term downtrend, potentially indicating an upcoming price surge. The analyst, known for accurately predicting Bitcoin's pre-halving correction last year, sees this technical signal as a positive sign for BTC's near-term price movement.
March 21, 2025 | 12:00 pm
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The Relative Strength Index is showing signs of breaking out of a months-long downtrend, which could signal increasing bullish momentum for Bitcoin.
The RSI breaking out of a long-term downtrend suggests potential buying pressure and momentum shift, indicating possible near-term price appreciation for Bitcoin.
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