Bitcoin Price Oversold, May Have Found a Bottom: Bloomberg Analyst

By CCN.com: A new analysis in Bloomberg suggests that the Bitcoin bottom is somewhere around $3,000 or $3,100. Using the GTI Global Strength Technical Indicator, the analysis says that Bitcoin is probably oversold at this point. [The indicator] for Bitcoin is nearing oversold levels, clocking in at 35.6. That’s the lowest level since December. Bitcoin

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