One technical indicator signals bitcoin can lose steam after 10% PayPal rally | Currency News | Financial and Business News


A chain of block erupters used for Bitcoin mining is pictured at the Plug and Play Tech Center in Sunnyvale, California, October 28, 2013.



  • Bitcoin’s massive leap since Wednesday may have gone too far, too fast.
  • The world’s most popular cryptocurrency surged above $13,000 on Wednesday and continued to climb through the week after PayPal announced its users will soon be able to buy, sell, and hold bitcoin.
  • Yet the token’s 14-day Relative Strength Index passed…

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