General News
공유하기
Summary
- Bitcoin has recently reached its highest price, but a short-term adjustment is possible, it was revealed.
- The gap between Bitcoin and the 200-hour simple moving average (SMA) has widened the most since March, it was explained.
- The 14-hour relative strength index (RSI) shows a low value, indicating a temporary downward trend, it was noted.
There is an analysis that Bitcoin (BTC), which has recently reached its highest price, may soon undergo a short-term adjustment. According to CoinDesk's data on the 11th (local time), the gap between Bitcoin's price and the 200-hour simple moving average (SMA) has widened the most since early March. At that time, Bitcoin had plummeted by 11%%. The media explained, "Bitcoin's strong rally continues, but there is an excessive aspect," adding, "The fact that the price of Bitcoin has widened from the SMA indicates that the market has moved rapidly. Investors can reassess their positions and realize profits." It further stated, "The 14-hour relative strength index (RSI), which predicts price movements, shows a low value, indicating a temporary downward trend," adding, "This suggests that the strong momentum is weakening and a sharp drop is possible soon."
