Bitcoin RSI signals potential bottom as analysts flag key setup

Bitcoinβs RSI is nearing a key level, with analysts saying a higher low is needed to support a potential continuation in BTC price.

Bitcoinβs RSI is nearing a key level, with analysts saying a higher low is needed to support a potential continuation in BTC price.

Bitcoin brought its latest correction from local highs to near 10% as skepticism over long-term BTC price support grew louder.

Bitcoin price correction reversed at $69,500, preserving a new higher BTC trading range as gold led a post-Fed macro asset sell-off.

Bitcoin price action fell to week-to-date lows with Bitcoin caught between high US inflation and nerves over Fed policy hints at the day's FOMC meeting.