Bitcoin Coinbase Premium weakens but RSI mirrors April bottom zone
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The Bitcoin Coinbase Premium Index turned negative as BTC’s RSI hit its lowest level since April, but it could also mark the beginning of a slow recovery.
Key takeaways:
The Bitcoin Coinbase Premium flipped red as BTC price dropped below $104,000.
Bitcoin’s RSI hit its lowest point since April, hinting at a potential bottom zone.
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