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BTC Bitcoin Technical Rebound Soon

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
If you haven`t sold BTC on this top:

Then you need to know that Bitcoin is currently trading at $64,200, approaching the oversold territory on the RSI Relative Strength Index.
Historically, when Bitcoin enters the oversold area on the RSI, it often experiences a technical rebound.

The RSI is a momentum oscillator that measures the speed and change of price movements, with values ranging from 0 to 100. An RSI below 30 is typically considered oversold, indicating that the asset may be undervalued and due for a rebound as buyers step in to take advantage of lower prices.


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