BTC price analysis – Page 6

Bitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’

Bitcoin returns to a tug-of-war over $30,000, with BTC price action costing its RSI weeks of upside.

Bitcoin remains bullish — and arguably more so than ever — depending on what BTC price metrics are used to assess it.

Bitcoin keeps the market guessing over how it will treat the 200-week moving average at $26,500.

Long-term holder spending is “seeking equilibrium,” Glassnode suggests — but nothing will be quiet for long.

Bitcoin bulls are sitting on their hands but need to combat short-term sellers rapidly losing profitability, Glassnode warns.

Bitcoin approaches the end of April having barely moved, with BTC’s price offering little short-term clues on the trajectory.