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Bitcoin Coinbase Premium weakens but RSI mirrors April bottom zone

7M ago‱
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bearish:

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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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7M ago‱
bullish:

0

bearish:

0

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