Analyst Predicts Bitcoin Seller Exhaustion as Market Stabilizes
- Bitcoin is trading over 20% below its all-time high from January.
- Rekt Capital, with 542,500 followers on X, suggests seller exhaustion is near.
- The Relative Strength Index (RSI) indicates potential bottoming if it holds at 44.
- A bullish divergence is forming on Bitcoin’s daily chart, signaling early positive trends.
- Current Bitcoin price is $84,145.
Rekt Capital highlights declining seller volume and a critical RSI level as indicators that Bitcoin may soon reach a market bottom. The presence of a bullish divergence further supports this outlook.
Source (2.6)https://dailyhodl.com/2025/03/13/bitcoin-seller-exhaustion-incoming-sooner-rather-than-later-according-to-crypto-analyst-heres-why/?rand=59076
