Bitcoin Weekly RSI Breakout Signals Potential Trading Opportunity – Crypto Rover Analysis | Flash News Detail

Bitcoin has recently experienced a significant breakout on the weekly Relative Strength Index (RSI), signaling a potential bullish momentum shift in the cryptocurrency market as of April 27, 2025, at 10:00 AM UTC, according to a tweet by Crypto Rover on Twitter (source: Twitter, Crypto Rover, April 27, 2025). This breakout was observed when Bitcoin’s weekly RSI surged past the critical 70 threshold, a level often associated with overbought conditions but also indicative of strong upward momentum when confirmed by other metrics (source: TradingView data, accessed April 27, 2025, at 11:00 AM UTC). At the time of the breakout, Bitcoin’s price was recorded at $68,450 on Binance for the BTC/USDT pair, reflecting…

Source link