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CoinGape

CoinGape

Bitcoin price can see major drop as indicators like RSI, fear, and greed flash sell signals

CoinGape
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54% Informative

Bitcoin price can see major drop as indicators like RSI , fear, and greed flash sell signals.

Bitcoin miners engaging in significant profit-booking suggest mounting bearish pressure.

Next key Bitcoin support zones are at $85,800-$83,250 and $ 75,520-$72,880.

Bitcoin RSI levels have now surged past 70 showing that the BTC price is currently in the overbought territory.