Bitcoin price continues to push higher, leaving very few pullback opportunities thus far for those that failed to buy below $20,000.
Price action on BTCUSD the weekly timeframe, according to the Relative Strength Index, has reached a critical line...
Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically.
However, an elevated RSI reading...
On-chain data shows the Bitcoin open interest RSI is currently forming a pattern that can lead to a short-term correction in the asset’s value.
Bitcoin Open Interest 14-Day RSI Has Been Climbing Up Recently
As pointed out by an analyst...