Bitcoin/SPX: In search of The Mid-cycle Peak

16 באוג׳ 2023

Historically, the mid-cycle peak in BTC coincides with the RSI approaching the overbought zone.

Although at the beginning of the year, we rose quite high in the #RSI indicator, there was no overbought.

Also, on the trend line rsi, it is quite clear how the bearish trend changes to the bullish one, on the range of the cycle 📈📉

Key levels have been added to the price chart for comparison in the 2016 cycle.

14 בדצמ׳ 2023

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