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News
Analysts Map Bitcoin Support Zones After a 15% Weekly Drop, RSI Hits 11
Dimitar Dzhondzhorov
6-4
Analysts Map Bitcoin Support Zones After a 15% Weekly Drop, RSI Hits 11
Bitcoin fell about 15% over the week and slid to nearly $61,000 several hours ago before rebounding to around $62,500. Analysts cited in the report highlighted potential support between $50,000 and $54,000, with another view pointing to $49,000 as a possible bottom zone, while RSI briefly dropped to 11 and later rose to roughly 16.
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Disclaimer: The content above is only the author's opinion and does not represent Stellare’s stance. It shall not be construed as investment advice from Stellare. For details, refer to the Terms and Conditions.
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