“Even though it breached $30,000, the price was likely to look for support on the downside and potentially consolidate before another leg up,” DiPasquale said, adding that with bitcoin recently sticking around mid-$29,000, most indicators on hourly time frames, such as the Relative Strength Index and Stochastic RSI, hint at a spike upward.
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- Source: https://www.coindesk.com/markets/2023/04/17/bitcoin-sinks-below-30k-amid-dollar-jump-mixed-q1-earnings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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