CryptoJelleNL

Bitcoin and the Relative Strength Index

BITSTAMP:BTCUSD   Bitcoin
In the previous BTCUSD rally; the RSI saw numerous peaks above the 81 RSI level, on the weekly chart.

Recently we have - for the first time in years - printed the RSI above 81RSI again. Another sign of a new bull market.

No need to rush and fomo in, dips are for buying.


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