Tag Archives: Relative Strength Index

Bitcoin teeters on a knife’s edge. At $112,600, the price hangs precariously as the RSI whispers two starkly different futures. Which path will it choose? Scenario one: a “profit-taking” pullback. Watch for a potential dip to $95,000 if sellers gain momentum. Historycouldrepeat, but no guarantees. Scenario two: a “bullish bounce.” If the current price floor holds, and a bullish divergence …

“After a week-long slide, the token’s price action has flatlined, caught in a frustratingly tight trading band. The bulls are nowhere to be seen, and bears seem content to circle without striking.” The Relative Strength Index reflects indecision, staying within a mid-range zone without breaching overbought or oversold levels. Contrasting pressures persist, with the MACD histogram showing weak and inconsistent …