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Tag Archives: oversold

30 days to go – Bitcoin RSI has never been so oversold

Bitcoin (BTC) has never been as oversold in the last month before the block reward halved, as an important indicator shows. In an ongoing Twitter debate On April 11, the analyst known as PlanB found that Bitcoin’s relative strength index (RSI) was unusually low. Indicator hits record lows before halving The oscillator uses a scale from 1 to 100 to …

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The PS4 has oversold the original PlayStation and Wii

Sony announced in its second quarter earnings report that it had sold 2.8 million PlayStation 4 consoles between July and September. Since selling exactly 100 million copies three months ago, total revenue has come in at 102.8 million, which means the PS4 outdid the original PlayStation. The PlayStation was, as you can remember, a tremendous success. It sold 102.5 million …

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