Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum — TradingView News

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The price of Bitcoin has been on quite the run since mid-April, finding its way from beneath the $85,000 mark to as high as $104,700 over the past month. The largest cryptocurrency market enjoyed a positive shift in investor sentiment and a fresh influx of capital, especially through the BTC exchange-traded funds (ETFs).

Interestingly, the premier cryptocurrency seems to be showing some signs of fatigue, especially after failing to break out of the $102,000 – $105,000 consolidation range over the past week. This sluggish round of price action has called into question the authenticity of the recent bullish impulse.

BTC Still Missing Its Bullish Aggression: Crypto Expert

Chartered Market Technician (CMT) Tony Severino took to the X platform to share an interesting insight into the price action of Bitcoin over the last few weeks. According to the crypto expert, the price of BTC might be missing a classic technical behavior, often…

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