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Bitcoin Analysis
Bitcoin was back in the green on Tuesday, as its price rebounded from a multi-week low during yesterday’s session.
BTC/USD peaked at $26,421.51 earlier today, which comes following a low of $26,011.47 the day prior.
Monday’s low saw the world’s largest cryptocurrency trade at its weakest point since September 13, after dropping below $25,800.
From the chart, it appears that the rebound in price came as a result of the relative strength index (RSI), finding a floor of its own at 45.00.#ContentStar #NewsMessenger #HotTopicDiscussion #BTC