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CryptoMarket360

RSI for Daily $BTC Not Out of Woods Yet

Short
Bitcoin (BITFINEX:BTCUSD)  
CryptoMarket360  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Relative Strength Index (RSI) oversold
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trendanalysis chartpattern indicator relativestrengthindex oversold
I know this is one indicator, and a lagged one. But, this is one good for verifying, and so far not enough to trigger a buy signal.

This could stay in oversold conditions for a long time. (But definitely keeping an eye out)

Be careful on this move to the upside, the bears are still in control of the primary trend.

Thoughts?
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