MACD is used to determine buy and sell and signals by analyzing swings and creating trend lines to detect bullish/bearish signals.
RSI is used to determine whether an asset is overbought or oversold. In this case, bitcoin is being analyzed based on the RSI parameters where anything above 70 is overbought and anything below 30 is underbought.
RSI is used to determine whether an asset is overbought or oversold. In this case, bitcoin is being analyzed based on the RSI parameters where anything above 70 is overbought and anything below 30 is underbought.