Cryptocurrency Q&A
Why is BTC down today?
Why is BTC down today?
CryptoProphet
Mon Dec 16 2024
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6
answers
1064
I'm wondering why the price of Bitcoin has dropped today. There must be some specific reasons behind this decline, maybe related to the market trends, investors' sentiment, or some external factors.
6 answers
Nicola
Wed Dec 18 2024
Bitcoin's price has continued to decline over the past 24 hours.
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Michele
Wed Dec 18 2024
This drop can be attributed to weakening technical indicators.
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Marco
Wed Dec 18 2024
Specifically, there has been a growing bearish divergence observed.
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CryptoLegend
Tue Dec 17 2024
This divergence is between BTC's increasing prices and the declining relative strength index (RSI) on the daily chart.
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PulseWind
Tue Dec 17 2024
The RSI is a technical indicator used to measure the speed and change of price movements.
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