Bitcoin is in recovery mode as several indicators point to a sell-off near oversold levels. For example, the Relative Strength Index (RSI) on the daily chart is rising from the resale area. Bitcoin is in recovery mode as several indicators point to a sell-off near oversold levels. For example, the Relative Strength Index (RSI) on the daily chart is rising from the resale area. But the Bitcoin Fear & Greed Index is approaching extreme levels last seen in May, a bearish sign. At the time of publication, Bitcoin is trading at around $44,800. This is up 3% in the last 24 hours, compared to a 4% increase for ETH and an 11% increase for AVAX Avalanche tokens over the same period.Altcoins outperformed Bitcoin en-route after taking a relatively bigger hit during a sell-off earlier this week. According to trading data, some traders will buy in the fall, especially long-term BTC holders. However, some analysts remain skeptical of the recent rebound and expect $47,000 BTC resistance to stop t
Źródło: https://tokeneo.com/bitcoins-growth-development-with-twitters-help/
