Don’t Sell Your Bitcoin and Ethereum on RSI Warnings: Analyst
A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed as an oscillator, it can […]
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Michael Saylor says that Bitcoin isn’t currency for spending, it’s ‘economic energy’ meant to be preserved for 100 years. The Strategy chairman’s thesis is simple: you don’t sell the winner to buy the losers. While this ‘Diamond Hand’ philosophy has shifted Bitcoin from speculative toy to treasury reserve asset, it creates a massive friction point: […]