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

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 source: https://www.newsbtc.com/news/bitcoin/bitcoin-bull-run-on-daily-rsi-signals-bullish-weakness/