Bitcoin Overbought Signal Puts $78K Support in Focus

Bitcoin’s daily RSI hit 70 after BTC rallied 36% to $82,800 from a $60,000 macro low, and several analysts said the overbought reading could signal a short-term pullback. CoinGlass data shows a break below $78,000 could trigger more than $3.1 billion in leveraged long liquidations across exchanges.

BTC0.12%
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