Bitcoin RSI Just Crashed Below 50 – Here’s What Happened The Last Time
Bitcoin’s Relative Strength Index (RSI) has just dropped below 50, sparking major concerns that the BTC price might be heading for another major correction. This move has also prompted analysts to closely watch for signs of an increased sell-off, as they decipher what the new RSI level means for the market. Historically, when the RSI […]
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Despite all the bad news, we have to keep believing in Bitcoin. This is our chance to give the entire world access to a honest financial system. Once again the Bitcoin world is full of panic. Shit (mostly Chinese) has hit the fan and prices are falling down as we speak. Five months ago, Bitcoin was at an all-time high. One coin was worth more than a thousand dollars. At the moment I'm writing this; a Bitcoin is valued at a 'mere' 400 dollars. How did we get to this point and are people right to panic? No crash is ever the same. I often hear cryptocurrency fanatics say this has happened....