Bitcoin ‘strength’ index crashes as Galaxy Digital sales liquidate $500M – MAXBIT

Bitcoin traders continue to grapple with mass selling of “OG” BTC, but RSI values are already hinting at a recovery after a trip to single digits.

Key points:

Bitcoin market upheaval continues as Galaxy Digital moves thousands of BTC to exchanges.

RSI values collapse to rare lows before printing bullish divergences with price.

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