3 min readBITCOIN (BTC/USD):
Continuing from last week’s article, price action has remained exceptionally strong, driving the market into new all-time highs (ATHs) and exploring uncharted price discovery levels.
On Friday, the price surged to a high of $99,800.00 before encountering short-term pullbacks, just shy of the critical psychological barrier at $100,000.00. On the daily chart, the market appears overextended, with the RSI indicator signalling potential “overbought” conditions in the short term. This week, I will be monitoring closely to see if the price can sustain its momentum and push higher into new all-time highs (ATHs).
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