Bitcoin Sinks Below $30K Amid Dollar Jump, Mixed Q1 Earnings

Bitcoin Sinks Below $30K Amid Dollar Jump, Mixed Q1 Earnings



“Even though it breached $30,000, the price was likely to look for support on the downside and potentially consolidate before another leg up,” DiPasquale said, adding that with bitcoin recently sticking around mid-$29,000, most indicators on hourly time frames, such as the Relative Strength Index and Stochastic RSI, hint at a spike upward.



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