The #Bitcoin daily RSI is currently
at 19 = WAY Oversold
The last times we were
at 19 Daily RSI
Mar 2020 Covid crash
Jan 2022 can't remember why
June 2022 3Arrows/ Celsius
Discussion
What’s RSI? 🤙
RSI = Relative Strength Index
It's is like a fitness tracker.
RSI measures how active an asset has been in terms of its price changes.
It helps traders see if an asset has been working to hard (getting overbought) or not working enough (getting oversold.)
Bitcoin is currently WAY oversold.