Historically BTC tops at an RSI of around 97, and a bottom of 45

9 באוג׳ 2021

On the monthly chart using the RSI indicator Bitcoin peaks at around 97 and bottoms out around 44-45. Historically these would be the best long and short positions. This most recent top (April 2021) had an RSI 92. Lower than the previous peaks but I feel this cycle is different and may also be ending early. Also the Guppy indicator has just flipped red on this monthly chart.