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wazzmatazz
Jun 23, 2021 8:52 AM

BTC and Market RSI 

Description

If we break the following resistance line on the RSI, then we can start thinking about a change in trend. If there are a lot of leveraged shorts currently, then the RSI will show the accumulation is picking up steam before the market starts to move in a bullish momentum again.
Comments
wazzmatazz
Almost there
wazzmatazz
Keep paying attention to the price movement and the rsi. Even though we went below 1.3 trillion market cap. RSI shows accumulation is still taking place. Basically it’s attempts at price manipulation to drop the price.
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