BTC’s present studying is its highest studying since January 2021. Since 2018, BTC’s RSI has been greater than 84 simply 25 instances. This isn’t to say that an asset can’t keep overbought for prolonged durations. The 91 RSI stage reached on Jan 8, 2021, was adopted by a 15% enhance in worth 30 days later. It ought to be monitored.

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