How do simple moving averages and the Relative Strength Index (RSI) help assess Bitcoin's momentum?
Why is this the correct answer?
This is correct because simple moving averages (SMAs) help identify when a shorter term trend crosses above or below a longer term trend, signaling potential bullish or bearish momentum, and the Relative Strength Index (RSI) measures overbought or oversold conditions, together giving a clear picture of ongoing price momentum.
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