There are widespread rumblings from various sides about the approaching bottom of Bitcoin’s price chart, to the point that some are already suggesting it is time to be buying Digital Gold in full force.
On Twitter, Bitcoin Magazine reported an important statement by legendary investor Bill Miller about beloved Bitcoin.
According to Miller:
“People have escaped from space, so the fact that it’s still there at $17,000 is pretty remarkable.”
The remark is an endorsement of BTC’s base value, which according to the billionaire, despite all that has shaken the cryptocurrency market and despite a bear market that has lasted for a year and a half now, the price of the digital currency has held up at $17,000 giving a great sign of strength.
The RSI (Relative Strength Index) is a metric that provides a pulse on how volatile the price of a security or digital currency is and the strength it has at any given time.
The figure has reached, as far as Bitcoin is concerned, 40.5, which
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