Bitcoin Price in Peril? Analysts Predict Drop to $90,000 Amid Bearish Signals




Bitcoin Price in Peril? Analysts Predict Drop to $90,000 Amid Bearish Signals
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Despite an 11% surge in May, Bitcoin (BTC) is facing scrutiny from analysts who point to emerging weaknesses. Popular analyst Matthew Hyland highlights a bearish divergence in Bitcoin’s chart. This occurs when the BTC price rises, but the Relative Strength Index (RSI) – a key momentum indicator – declines. Such a divergence often signals a…

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