Don't guess the bottom. Let the chart tell you. 📉
Everyone is asking: "Is it time to buy the dip?"
Stop guessing. Look at the RSI (Relative Strength Index).
RSI > 70: Overbought (Too Expensive) 🔥
RSI < 30: Oversold (The Buy Zone) ❄️
Look at the chart below. Bitcoin RSI is currently sitting at 45.
We are in "No Man's Land." We are not cheap enough yet.
I am sitting on my hands. ✋
I will not open a Long position until that purple line drops below 30. Patience pays more than panic.
👇 Check your favorite coin. Is the RSI above or below 50?