Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market
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Bitcoin price continues to push higher, leaving very few pullback opportunities thus far for those that failed to buy below $20,000. Price action on BTCUSD the weekly timeframe, according to the Relative Strength Index, has reached a critical line that separates bear market from bull market. Any higher, and crypto could experience a full blown breakout. Let’s take a look. What The Relative Strength Tells Us About Cryptocurrencies The Relative Strength Index is a popular technical indicator used in cryptocurrencies, originally created by J. Welles Wilder in the 1970s. The tool measures momentum through the “velocity and magnitude of price
Bitcoin topped $96,000 on Coinbase in early trading in Asia on Wednesday morning, according to TradingView. It is the highest price the cryptocurrency has reached since November 16, marking a two-month high. BTC has now gained 9% since the beginning of 2026, as fears and panic from October’s record liquidation…
The past week will be remembered for the continued growth of Bitcoin, the bankruptcy of Genesis Global Capital and the arrest of the head of the Bitzlato platform. Cryptons, delighted with the activity on the market, joked and posted memes, and all the best, relevant and funny got into our…