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As you can see, the daily RSI is at 22.9, indicating that BTC is oversold.
The ideal time to look for bounce play is right now. If it fails to hit the trendline, it will almost certainly reach 28-29k BTC.
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#Biden administration is reportedly preparing to release a government-wide #crypto strategy as soon as next month. #cryptocurrency#bitcoin $BTC https://t.co/EPTuul8SS5