Bitcoin Fundamentals Grow Despite Market Downturn – Blockchain News, Opinion, TV and Jobs

Bitcoin Fundamentals Grow Despite Market Downturn – Blockchain News, Opinion, TV and Jobs

Blockchain
September 8, 2022 by secret
334
[ad_1] By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin reclaimed $19,000 last night, as a key technical indicator suggests we may have some upside in the coming days. The RSI (Relative Strength Index) is showing a bullish divergence on the daily time frame, as shown below. This occurs when price makes a