BTC moves above $19,000, climbing to 2-month high.
Following a low of $17,995.20 on Thursday,As a result of the move, the world’s largest cryptocurrency climbed to its strongest point since November 8, when price was above $20,000.Looking at the chart, the rally came as the 14-day relative strength index rose to a peak of 82.00, which was its highest mark in over a year.
In addition to this, the upwards trend on the 10-day , and 25-day moving averages continued to mature, thus extending bullish momentum. Despite this, prices are now well beyond overbought, which could mean that bears are lurking and preparing for reentry.
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