Bitcoin stays near K as RSI breakout challenges ‘boring’ weekend

Bitcoin stays near $38K as RSI breakout challenges ‘boring’ weekend

Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a “trappy” weekend still offered the chance of a solid weekly close.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

“Choppy waters” for Bitcoin

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD regaining the $38,000 mark after seeing local highs of $38,740 on Bitstamp the previous day.

Despite its strong “out of hours” performance, few analysts believed in BTC as a firm bullish play without traditional market…


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