BTC approaching 2017's RSI peak, still some room to push higher
I've been focusing mostly on the daily chart and the 8-day and the 21-day MAs, but when we take a look at the monthly chart, we're still not at the peak RSI levels we've seen in 2017. At the very least, this suggests we've room to push higher in the short term.
I would like to see it cool off a bit, though, but every dip is being bought with strength, suggesting we can still go a lot higher in the short term.
I would like to see it cool off a bit, though, but every dip is being bought with strength, suggesting we can still go a lot higher in the short term.
