Market News / Story
Bitcoin Price Flashes a Hidden Uptrend Signal Amid One 96% Problem
Beincrypto ·
Beincrypto reports: Bitcoin price trades near $82,300, still up about 28% over three months after this week’s drop. A hidden momentum signal on the daily chart suggests the uptrend can survive. The catch is that buying from long-term holders has dropped 96%. A Hidden Signal Says the Uptrend Is Still Alive Between September 2 and October 8, Bitcoin made a higher low on the daily chart. Meanwhile, the Relative Strength Index (RSI) , which measures buying momentum on a 0 to 100 scale, slid…