DNA_BrianTrading

BTC developments today: price continues to increase

BITSTAMP:BTCUSD   Bitcoin
Brian greets everyone!
Amidst the economic turmoil, Bitcoin emerges as a viable alternative solution for investors, based on the conditions of the stock market and the Dollar Index.
Bitcoin, currently maintaining stability, is a positive sign. Trading at $27,571 at the time of writing, BTC shows signs of recovery as the relative strength index (RSI) stands in the bullish zone above 50.0.
Some upward movements could potentially push the price of Bitcoin above $28,000.
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The increase is still maintained according to the first arrow indicator, the price is now at 27,709
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BTC has had price increases over the weekend as the indicator is currently trading at 27923 and is about to touch 28000 as expected.
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Bitcoin (BTC) price is showing some degree of optimism ahead of the weekend, with the same narrative going for Ethereum (ETH) and Ripple (EXRP). It all points to fired-up bulls as volatility resumes in the market.
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