FieryTrading

🔥 Bitcoin 3-Day RSI Signals Bottom is NEAR

INDEX:BTCUSD   比特幣
The 3-day RSI of BTC is rarely oversold. However, the last three days have pushed the RSI well below 30. Historically, the 3-day RSI will be below 30 for only a couple of 3-day candles.

This could indicate that the bottom of the current capitulation is near. Hard to say where it is exactly, but it's very likely that we're going to see a bullish move in the next 2 weeks, historically.

Hold on tight, we're near the end.

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