Bitcoin Teeters On The Edge: Will This Pivot Hold Or Collapse?

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Bitcoin Teeters On The Edge: Will This Pivot Hold Or Collapse? - NewsBTC

Quick Summary:

In his latest market analysis, seasoned crypto trader Josh Olszewicz outlined key technical factors that could determine Bitcoin’s next move in his latest video analysis, emphasizing the importance of RSI divergences, volume trends, and candlestick formations.

Confidence drops in times of chaos, and that’s when most people make mistakes.” Related Reading: Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment He also warned against blindly dollar-cost averaging into assets simply because they appear heavily discounted: "Just because something is down 80% doesn’t mean it’s an automatic buy.

Arthur Hayes Says Correction Very Normal’ In A Bull Market This setup mirrors similar conditions observed in August and September, where Bitcoin saw relatively equal lows in price, but RSI formed significantly higher lows.