This is interesting...

in #bitcoin2 years ago

The Bitcoin RSI has been trending down longer than the 2018 Bear Market

Well this is interesting...

The Bear Market of 2018 was bad, but so far the RSI has indicated this bear market has been even longer.

Check out peak to current:

image.png

(Source: https://twitter.com/BTC_Archive/status/1530585746104541185/photo/1)

This is an RSI chart and not a price chart.

The price peaked in November, but the RSI never made that second high...

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