Bitcoin RSI M pattern. Why we will rise just a little further for BITFINEX:BTCUSD by Damasta

chartpattern bitcoin long long-term longsetup cryptocurrency

I noticed this pattern today when I saw this very nice idea on twitter here and looked at my chart. It is always hitting another go into the RSI 80+ zone after surviving the too quick selloff of one ATH and corrects slowly afterwards to make another longterm run

Comment:

We haven't reached RSI 80 yet so my guess is we will have another more spectacular go for ATH. Likely to hit atleast 8100

Comment:

Bitcoin has reached RSI 80 on 6H Timeframe so I expect it to have found the real top here or very soon.

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