Bitcoin Relative Strength Index
Given the recent price appreciation of Bitcoin, it may be worthwhile to discuss the relative strength index (RSI). While we will be focusing on the daily RSI, we also briefly touch on the 4H and Weekly RSI. Is Bitcoin able to make a higher daily RSI high and break the current downtrend of the past 6 months? Will we be rejected and fall to new lows? Comment below to let me know your thoughts on where Bitcoin’s price is heading!
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Disclaimer: This video does not contain financial advice.
I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.