Bored with Bitcoin this weekend? RSI could make things much more interesting.
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 guidance.in his latest Twitter update. "Looking at $37K to see whether that sustains. If not -> I'm assuming we'll test lows for daily bullish divergence to create. If we hold, we might see a breaker above $38.5K happening. Weekend times -> boring/trappy."
The highs nonetheless continued what looks like a slow return to form for BTC/USD on daily timeframes after itsFor trader, investor and entrepreneur Bob Loukas, strength lay in the pair's multiple closes above the 10-day moving average .makes you think the lows are in now . Maybe an attempt to get back down to $35k area is possible.
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