RSI Indicates BTC Breakout Potential 5 Things to Know This Week
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The stars are aligning for BTC price action as traders pin hopes on the Bitcoin bull market finally returning.
Bitcoin starts the last week of September with a trip to one-month highs as the weekly close sets up a bullish market landscape.
Bitcoin spikes to $64,700 after the weekly close, with analysis placing emphasis on $65,000 as the next resistance hurdle to beat.
Weekly RSI signals call for further upside — arguably a fool-proof chart setup for Bitcoin bull runs.
Markets are digesting the Fed’s 0.5% interest rate cut, and the mood among risk assets is buoyant.
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