Markets· ★★★· neutral·

Bitcoin Holds Near $83,400 as BAT Rallies 87% in a Week

  • —Bitcoin trades near $83,400, holding above its 50-day moving average around $81,000
  • —BAT has gained 87% in a week and 150% in a month, trading near $0.20
  • —BAT's daily RSI has approached 90, a level last seen in 2018
  • —The Altcoin Season Index hit a new yearly high, with over 60 coins outperforming Bitcoin in three months
Why it matters: BAT's overbought RSI points to correction risk, while Bitcoin awaits US inflation data to pick a direction.
#BTC#BAT
Source: Bitcoin Insider
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