@Cybertheus 28 June 2022 more from that month

📊 Quick analysis of the crypto market The crypto market has taken a break. Bitcoin has hardly changed its value in a week. At the same time, many cryptocurrencies, on the contrary, showed an increase over the week, which indicates that money has flowed from bitcoin to altcoins. Among the cryptocurrency leaders, Dogecoin and Shiba Inu distinguished themselves. Over the past week, DOGE has risen by 15%, while SHIB has risen by 25%. According to the fear and greed index, market participants remain extremely wary and fearful. This index is equal to 10 units out of 100, which means extreme fear. According to the relative strength index (RSI) and other technical indicators, the crypto market may be oversold and be at the local bottom. The weekly RSI shows 27 units out of 100, which indicates a likely oversold condition. The 7-day MA on the weekly chart is well below the 30-day MA. The MACD indicator on the weekly chart is in the red zone and can also indicate a local bottom. #bitcoin #btc #cryptocurrency #crypto #cryptotrading #randomthoughts #noisecash