Let's take a look at BTC monthly chart with RSI 👀

in H4LAB Research • 15 hours ago

1000020882.jpg

Source: TradingView

The current monthly BTC(Bitcoin) RSI(Relative Strength Index) is 38.39. It's near 38.34 when it was the lowest level in December 2022. We definitely entered an oversold zone.

Monthly BTC RSI has shown that ATL(All Time Low) of RSI in each cycle has decreased so far.

I wonder how many times BTC will collapse more. I have no idea...

I'll definitely diversify my portfolio rather than now. The crypto market makes me stressful.. 😭

#btc #bitcoin #rsi #altseasons
15 hours ago in H4LAB Research by
$68.17
  • Pending payout amount: $68.17
  • Breakdown:
        0.00 SBD,
        852.15 STEEM,
        852.15 SP
  • Payout in 7 days
173 votes
Reply 1
Sort:  
  • Trending
    • [-]
     6 hours ago 

    Bitcoin really dropped from $100k to $60k seems like the bull trend was a trap cause a whole lot was liquidated from the market
    Do you think people should still buy the deep?

    $0.00
      Reply