Interestingly, Bitcoin has remained above the RSI 1000 trendline — just as it did in previous bull markets.
The last successful test of this trendline occurred near $75,000.
It still seems too early to call this a bear market, as historically, the RSI 1000 had to break below this trendline and retest it (a red flag) before confirming a trend reversal.
Until that happens, this may not be the last selling opportunity — and it could signal that the market still has strength to continue for a few more months.
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