Bitcoin ‘in position’ for first key RSI breakout in 6 months at $85K

Bitcoin may still be “stuck” in the mid-$80,000 range, but the signs are there for the bull market breakout repeating itself.

Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding strength during weekend trading.

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