Bitcoin Price New ATH at $3786, RSI Signals Overbought Market

in bitcoin •  7 years ago  (edited)

 Chart: azopstability 


With Bitcoin’s price rising so quickly in the past few hours, the RSI has passed a reasonable threshold for a healthy market. At the current RSI of 75, the technical indicator is signalling an overbought market. 

Full article here: https://themerkle.com/bitcoin-price-new-ath-at-3786-rsi-signals-overbought-market/


This is crazy how the price going up now. There is definitely will be correction. and when it happens, right after that we will see the price go even higher.

bitcoin cryptocurrency blockchain overbought btc
7 years ago by

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      ·  7 years ago 

    How much correction do you see ?

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        ·  7 years ago (edited)

      it could go down to 3200 by the end of this month. The growth is too quick. I can be wrong. But logically it make sence.

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