Bitcoin shows signs of ‘easing momentum’ but traders still expect $150K

2 weeks ago
coinbase

Data suggests that Bitcoin’s buyers are exhausted following the rally to $111K, but traders still say BTC has the strength to race toward $150K.

Key takeaways:

Bitcoin’s RSI has dropped 15% and is now below the overbought threshold.

Bitcoin futures flip bearish with a 43% decline in perpetual CVD.

Read more

coinbase

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