BTC Not finished the drop just yet…
Bitcoin all time history index INDEX:BTCUSD
Historically the RSI is a very good indicator of market bottoms for BTC . As you can see the previous two times it hit around 44.50 on the RSI that marked the bottom each time.
This would indicate that we may be very close to the bottom (Next week or so).
It’s a well known indicator but it sometimes helps to use as a reminder. Remember nothing is guaranteed in this crazy market!
Just something to keep an eye on!
Trade safe.
