đ Bitcoin Price Scenarios for the Next 7-14 Days! đ Crypto analyst Doctor Profit presents potential outcomes: Level-to-Level Pump, Fake Dump, or Worst Case. Which scenario will Bitcoin follow? #BitcoinPrice #CryptoAnalysis #DoctorProfit #BTC
The price of bitcoin has been on an upward trend over the past 24- hours, as indicated by the technical indicators.
Outperforming bullish force, bears in Bitcoin (BTC) were able to drive prices down to $17,002.70, a 1.44% fall. Technical signs suggest that this bearish momentum will persist if bulls do not jump in.
Bitcoin RSI has inspired various suggestions from crypto analysts. In the last 24 hours, Bitcoin was almost overbought. An RSI indicates whether an asset is overbought or oversold. Bitcoinâs Relative Strength Index (RSI) recently became a hot topic in the crypto space. This was when price analysts Lark Davis and PlanB mentioned Bitcoinâs interesting movement in terms of the mentioned price indicator. Davis noted that in the 1-day chart, Bitcoin saw a similar trend in which it bounced back by +130% after hitting a prolonged downtrend in RSI. He said that Bitcoinâs RSI is in the same pattern at the
