Bitcoin hits $119.5K but RSI warns a BTC price pullback is next
Bitcoin is due to halt its gains to consolidate, thanks to leading price indicators becoming “overbought,” the latest analysis reports.
Key points:
Bitcoin may have topped out at $119,500 as price indicators flip “overbought.”
Traders eye a support retest to consolidate its latest rebound, which is nearing 10% in a week.