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Writer's pictureBryan Downing

Potential Bitcoin Price Increase

I wanted to bring to your attention a potential Bitcoin price increase. Currently, the relative strength index (RSI) of 14 days is hovering around a ceiling of its own at 50.00. As of now, the index is tracking at 49, and BTC is attempting to break into the $26,000 mark.

If the bulls manage to move beyond the obstacle on the RSI, there is a strong chance that the price will climb past $26,300 with relative ease. This could be a great opportunity for those interested in investing in Bitcoin.

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