Daily Trade News

$200K BTC price ‘programmed’ as Bitcoin heads toward 2nd RSI peak By



© Reuters.

(BTC) is headed to what is arguably a mathematically “programmed” all-time high of $200,000 or more, the latest data hints.

In a series of tweets on Oct. 4, popular Twitter (NYSE:) commentator TechDev highlighted familiar bullish behavior in Bitcoin’s relative strength index (RSI).

Bitcoin RSI vs. annotated chart. Source: TechDev/ Twitter