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Market Wrap: Bitcoin rises even as indicator shows extreme bearish sentiment

FXStreet.com
 30 days ago

Cover picture for the articleSome traders buy on the dip as BTC appears oversold; altcoins outperform. Bitcoin is in recovery mode as some indicators suggest the sell-off is approaching oversold levels. For example, the relative strength index (RSI) on the daily chart is rising from oversold territory. But the bitcoin Fear & Greed Index is...

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