From the monthly chart, it is obvious that once the RSI reach ~95, it has a great chance for the price to fall half even more.
The RSI now is around 92 and perhaps BITCOIN can rocket to $9000~10000 .
Then, I forecast there will be a big fall afterwards.
If you are long term investors, you are advised to take profit as soon as possible.
The RSI now is around 92 and perhaps BITCOIN can rocket to $9000~10000 .
Then, I forecast there will be a big fall afterwards.
If you are long term investors, you are advised to take profit as soon as possible.
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