As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $ 70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating neither overbought nor oversold conditions, suggesting that BTC …
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
Ethereum plunged below the $ 1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets. Bitcoin Bitcoin (BTC) slipped for …