Bitcoin Historical Corrections
Check out this 3-Day chart:
Here are some facts:
Fact #1: whenever RSI goes above 82, we saw a massive correction. (Correction is imminent when RSI is at 91-92)
Fact #2: Last cycle, we had 5 incident with RSI higher than 82. The 5th one was ATH.
Fact #3: During last cycle, the 3rd RSI spike matched the price to its ATH (2nd previous ATH).
Fact #4: Interestingly, again the 3rd RSI spike since last ATH brought the price (almost) up to the previous ATH. #goosebumps
Fact #5: A 3-day chart gives you a different perspective.
Here are some facts:
Fact #1: whenever RSI goes above 82, we saw a massive correction. (Correction is imminent when RSI is at 91-92)
Fact #2: Last cycle, we had 5 incident with RSI higher than 82. The 5th one was ATH.
Fact #3: During last cycle, the 3rd RSI spike matched the price to its ATH (2nd previous ATH).
Fact #4: Interestingly, again the 3rd RSI spike since last ATH brought the price (almost) up to the previous ATH. #goosebumps
Fact #5: A 3-day chart gives you a different perspective.
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