Bitcoin (BTC) price RSI momentum gauge hints at recovery. Experts remain cautious: Crypto Daily

Jun 4, 2026 - 08:45
Bitcoin (BTC) price RSI momentum gauge hints at recovery. Experts remain cautious: Crypto Daily
Bitcoin BTC$64,040.41 and the broader crypto market steadied Wednesday from Tuesday’s slide after Strategy (MSTR), the largest publicly listed bitcoin holder, sold a small portion of its stash and spot ETFs extended a record run of net outflows. The cryptocurrency’s 14-day RSI has dropped below 30, a textbook oversold reading. The indicator measures the speed...

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