In weekly time, however, bitcoin in the RSI has reached the range of 95 and after being rejected from this range, it is moving to reach the range of 50 to 55.
The level of support and good reactions for going back up is quite clear
What can be seen in the past as long as the RSI was above the 50 range in the weekly time
Bitcoin corrections or losses could not stop the uptrend and the uptrend continued on its way
The same situation can be considered now and it is expected that the upward trend will continue as long as rsi is above the weekly time above 50.
And entering below the danger zone at this time will sound the first alarm for a change in the trend for Bitcoin
The level of support and good reactions for going back up is quite clear
What can be seen in the past as long as the RSI was above the 50 range in the weekly time
Bitcoin corrections or losses could not stop the uptrend and the uptrend continued on its way
The same situation can be considered now and it is expected that the upward trend will continue as long as rsi is above the weekly time above 50.
And entering below the danger zone at this time will sound the first alarm for a change in the trend for Bitcoin