Bitcoin
Updated

The quickening of #BTC RSI & price extremes!

949
I don't make the rules.
:)

We are just surfing the waves of emotions,
of the crowds.

Here we have Monthly line chart with the RSI
It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around.

It is too well know as a theory and will be front ran.
(in my opinion)

We should get a RSI peak at this rate, around May (could be June ofc)

and second lower peak around November (or DEC )

As always good luck in your speculations
#Crypto's are highly speculative instruments as we all know
During these tops you will be told many stories
you must have the wherewith-all to ignore the noise.

Note
Monthly RSI @ 72.14
Note
snapshot

77.34 RSI
Note
snapshot

did we have our first RSI peak @ 76.79 ??

how many months till our second divergent peak ?
Trade active
snapshot

RSI @ 69.20

Are we just 5 months away from the second RSI

and hopefully a non divergent higher High
Trade closed: target reached
November 2024 was a lower RSI peak

will it it be the definitive lower RSI peak of the cycle....?

snapshot
Note
We have another RSI peak that is telling us something for #BItcoin #BTC

It fits the timeline if you notice
56 months , 50 months and now 46 months from 1st RSP peak of previkous cycle to second RSI peak of current cycle.

snapshot

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