Bitcoin ‘in position’ for first key RSI breakout in 6 months at $85K

Bitcoin may still be “stuck” in the mid-$80,000 range, but the signs are there for the bull market breakout repeating itself.

Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding strength during weekend trading.

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  • bitcoinBitcoin(BTC)$23,844.000.01%
  • ethereumEthereum(ETH)$1,644.281.61%
  • tetherTether(USDT)$1.00-0.06%
  • BNBBNB(BNB)$308.030.36%
  • rippleXRP(XRP)$0.388411-0.90%
  • cardanoCardano(ADA)$0.382271-0.15%
  • litecoinLitecoin(LTC)$94.301.30%
  • tronTRON(TRX)$0.0696700.93%
  • LEO TokenLEO Token(LEO)$3.34-0.49%
  • moneroMonero(XMR)$152.41-2.87%
  • bitcoin-cashBitcoin Cash(BCH)$138.63-0.60%
  • stellarStellar(XLM)$0.091075-1.03%
  • eosEOS(EOS)$1.17-1.91%
  • tezosTezos(XTZ)$1.354.72%
  • Bitcoin SVBitcoin SV(BSV)$42.98-0.16%