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When RSI reaches these levels, the matter of bottoming is settled, and there's no need to believe any fool talking about prices further out.
All the lows of RSI on the indicator correspond to slight fluctuations in the same area, followed by a violent and strong breakout lasting at least 7 months.
So when you see someone calling for 45K, 38K, 28K, they are only dreaming because the RSI confirms the matter.
This is why people missed the upward wave, thinking that the decline is an eternal thing. $btc #btc #Bitcoin
$BTC $BTC
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