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Shestak
@shest666
Relative Strength is leaving #Bitcoin on the 2-week chart. Once RSI reached a reading of 85+ AND had an RSI sell signal, then price retested the 200-week moving average, currently $37,962. (blue line) This time different? 2014: RSI 95 & sell signal 2018: RSI 95 & sell signal 2021: RSI 90 & sell signal (note: price made a higher high before retesting, creating divergence) 2024: RSI 88 & sell signal
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