TorchBay

Bitcoin 2021-2022 bubble top indicator

Long
BITSTAMP:BTCUSD   Bitcoin
The 2 week chart above shows a simple trend analysis using the RSI. As you can see, the RSI in this time frame has proved to show a top for each 4 year bubble cycle all the way back to 2013. There's no real way to know exactly when this will happen, but if you monitor this time frame and wait for the RSI to reach closer to the top of the yellow trend line, we will most likely be very close to the top. Happy trading!

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