Jan 04 2021

Bitcoin Weekly “Relative Strength” More Powerful Than Record 2017 Rally

published by Tony Spilotro
in blog Bitcoinist.com
original entryBitcoin Weekly “Relative Strength” More Powerful Than Record 2017 Rally

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Bitcoin price over the holidays touched nearly $35,000 per coin, starting off 2021 with an enormous bang. Last week's candle was the largest in the asset's history, dollar for dollar, with over $8,000 added from open to the top of its wick. It also resulted in such a powerful reading on the weekly Relative Strength Index, it now trumps the momentum seen in...