First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Financial Indicators – CoinDesk

The relative power index (RSI) on the each day chart is rising from oversold ranges, just like what occurred in late-September, which preceded a value rally. This time, nonetheless, upside momentum is beginning to wane on weekly and month-to-month charts, which lowers the possibility of signifiant shopping for.