The RSI of $BTC has hit the bottom.
The current RSI level is lower than the lows of 2019 or 2015.
Moreover, the peak of a cycle is usually formed when the RSI is above 90. However, the peak RSI of this cycle is only 80.
In other words, there hasn't been a real bull run in this cycle, and $BTC has hit the bottom once again.
The current RSI level is lower than the lows of 2019 or 2015.
Moreover, the peak of a cycle is usually formed when the RSI is above 90. However, the peak RSI of this cycle is only 80.
In other words, there hasn't been a real bull run in this cycle, and $BTC has hit the bottom once again.