Bitcoin Daily RSI finally broke the downtrend!

in #bitcoin3 years ago

Bitcoin broke it's 7-month-long RSI downtrend

This technical breakout is likely hinting at good things to come!

Bitcoin finally broke a 7-month-long downtrend on the daily RSI chart.

Check it out:

image.png

(Source: https://twitter.com/CryptoPunch5/status/1419328593524666369/photo/1)

RSI looks to be a leading indicator, which may mean bitcoin is on the way up and out of its downtrend as well.

Fingers crossed!

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