BTC’s latest price jump has also pushed its monthly RSI above 70 for the first time this cycle.

For starters, there has been a clear RSI divergence relative to SOL price over the last 6 to 8 weeks....For those who remember our BTC RSI study from last week, this will seem familiar....As SOL breaks above consolidation with an RSI reading of >70, history tells us the bulls have the...

The size and pace of the move has pushed the 14-month RSI on the DXY to its highest level since Q1 2015...Bitcoin’s 14-week RSI pushed into oversold territory for just the third time in its history.

January pushed BTC into oversold territory for the first time since May 2021, measured by its daily RSI...However, in the rarer cases where BTC’s RSI drops below 25 – as it did just two weeks ago – the probability...Using the above Bitcoin RSI analysis for when RSI dips below 25, we can model out the average return...

One way to track this is looking at prior instances where BTC’s weekly RSI fell below 30, which has only...Last week we witnessed BTC’s 14-week RSI drop below 30 for the first time since December 2018.

And this looks at again, the NASDAQ 100 basically runs a back test on when it’s monthly RSI crosses above...Pretty much every time you’ve seen this monthly RSI cross above 70, it’s actually been an indication...last 25 years or so, early 2000s, same thing gold reaches, you know, cross above that, that monthly RSI...

Price structure, volatility compression, RSI behavior, and Fibonacci retracements were all falling into...The RSI, BBWP and MACD will be very helpful in this regard....RSI In the November 2024 rally, RSI peaked at 86 before rolling over....Alarm bells should be ringing in the event RSI gets rejected in the high 80s zone around mid August. ...

Similarly, its latest parabolic move pushed bitcoin’s weekly RSI above 95 for the first time in more...Bitcoin’s price action following each is briefly outlined below: May 2011: Weekly RSI broke 95, BTC...March 2013: Weekly RSI broke 95, BTC gained another ~220% in the four weeks following, then lost half...

Similarly, its latest parabolic move pushed bitcoin’s weekly RSI above 95 for the first time in more...Bitcoin’s price action following each is briefly outlined below: May 2011: Weekly RSI broke 95, BTC...March 2013: Weekly RSI broke 95, BTC gained another ~220% in the four weeks following, then lost half...

The dollar’s latest rally pushed the DXY’s 14-week RSI above 70 after seeing positive gains in 10 of...We looked at prior instances over the last several decades where the DXY’s weekly RSI breached 70 after...

Bitcoin’s recent price strength pushed its 14-day RSI above 70 for the first time in over five months...For context, over the last 10 years, when BTC’s 14-day RSI breaks above 70 (~120 occurrences): BTC’...

Bitcoin’s recent price strength pushed its 14-day RSI above 70 for first time in over five months.

Bullish Divergence On The BTC Daily Chart Historically, RSI bullish divergence precedes reversals.

Bitcoin did manage to rally a bit after breaking into oversold territory (measured by its 14-day RSI)...

We draw a somewhat similar parallel to the misinterpretation of RSI, with periods of high RSI readings...

The DXY’s 14-month RSI has crossed above 70 for the first time since its late 2014-2016 run up.

When bitcoin rallied to $30k up to $40k in late July, the RSI saw a sharp uptick, suggesting BTC moved...

The dollar’s latest rally pushed the DXY’s 14-week RSI above 70 after seeing positive gains in 10 of...

Like a 14 week RSI we’re showing there....This latest sell off actually pushed that 14 week RSI into oversold territory for only the second tower...Again, this is just showing what post the 14 week RSI oversold levels and the prior two instances versus...

After all, BTC was just trading at extremely oversold levels with its daily RSI hitting lows we haven...