Is Bitcoin following the RSI king bomb rhythm? The target of $200,000 is not a dream!
The current relative strength index (RSI) of Bitcoin is 69, which is still in the early stage of the bull market.
He expects that RSI will exceed 80 for at least the next 4 months - this is the standard for every bull market (2013, 2017, 2021).
According to historical rules, RSI exceeding 80 corresponds to a monthly increase of more than 40%. For 4 consecutive months, it is not a dream for the price to rise from 104,000 to 400,000 US dollars.
If RSI starts, this round of bull market may really have no brakes.
