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Bullish BTC RSI
Over the last 6 years BTC has bottomed 13 times on RSI. Of the 9/13 times x+30 has been positive with an average return of 18%. As long as there’s no Russian military conflict in the next couple days, I expect a positive return before 10/03
Date RSI Bottom x+30
1/15/16 27.26 13.63%
8/15/16 26.66 8.72%
9/14/17 29.96 31.34%
2/5/18 26.96 33.67%
6/13/18 26.96 -1.23%
11/8/18 10.77 -16.99%
9/26/19 20.66 14.48%
3/12/22 15.87 41.42%
4/25/21 31.6 -21.91%
5/19/21 22.76 -2.53%
1/7/22 28.76 2.13%
5/9/22 24.56 0.25%
6/18/22 20.06 18.30%
8/28/22 29.66
BTC has bottomed 13 times on RSI. Of the 9/13 times x+30 has been positive with an average return of 18%. As long as there’s no Russian military conflict in the next couple days, I expect a positive return before 10/03Date RSI Bottom x+30
1/15/16 27.26 13.63%
8/15/16 26.66 8.72%
9/14/17 29.96 31.34%
2/5/18 26.96 33.67%
6/13/18 26.96 -1.23%
11/8/18 10.77 -16.99%
9/26/19 20.66 14.48%
3/12/22 15.87 41.42%
4/25/21 31.6 -21.91%
5/19/21 22.76 -2.53%
1/7/22 28.76 2.13%
5/9/22 24.56 0.25%
6/18/22 20.06 18.30%
8/28/22 29.66
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