1 min read
Add as a preferred source on Google

PlanB Says Bitcoin RSI Streak Marks Start of a New Bull Market

Bitcoin closed October at $77,430, with its RSI above 50 for a third consecutive month.

Mentioned assets
An unmarked brass coin balances above three grooves on a dark plinth / TokenPost.ai
An unmarked brass coin balances above three grooves on a dark plinth / TokenPost.ai

Analyst PlanB said Sunday Bitcoin (BTC) ended October at $77,430 and its relative strength index (RSI) stayed above 50 for a third straight month, a run he called the start of a new bull market.

PlanB added that October did not unfold as expected despite the “Uptober” label.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…