BTC/USDT 1-Hour Analysis Chart (Source: TradingView)
Looking at the hourly chart of the first-ever cryptocurrency to become used in real life, Bitcoin has been fluctuating between $16,622 and $17,248 within the past 7 days, according to CoinMarketCap. Since Bitcoin has been trading above the 200-moving average, it is generally thought that the cryptocurrency is now moving in bullish momentum.
While BTC is currently inside an overbought region and has an RSI value of 72.39, we can anticipate…
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