Raging Bitcoin Bull Market Ahead, According to Key Indicator

📆 01/11/2023 15:18:00
📰 CoinDesk

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

That's the message from bitcoin's 14-week relative strength index , a momentum indicator used to measure the speed and change of price movements.

Developed by J. Welles Wilder, the RSI measures the speed and change of price movements and oscillates between zero and 100. The default period for calculating RSI is 14 days, but traders use 14-week and 14-month RSIs to gauge long-term momentum.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bitcoin Bull Run in the Making as Market Dynamics Hint at More Upside: BitfinexCrypto Blog
La source: Crypto_Potato - 🏆 568. / 51 Lire la suite »

Crypto Bull Market Might Cool Off, Says Ex-Ark Invest AnalystProminent analyst believes it is too early to call it day for crypto investors
La source: Utoday_en - 🏆 295. / 63 Lire la suite »

Massive 7000% Jump in This Shiba Inu (SHIB) Metric: Bull Market Incoming?Crypto Blog
La source: Crypto_Potato - 🏆 568. / 51 Lire la suite »

This year's 'bull market' now looks like a bear rallyIt was fun while it lasted.
La source: axios - 🏆 302. / 63 Lire la suite »