Bitcoin’s RSI Has Never Been this Weak Before a Halving

[sirty143]

Bitcoin’s RSI Has Never Been this Weak Before a Halving

Bitcoin’s Relative Strength Index is currently sitting at levels never before seen preceding its halving. It’s unclear yet whether this might be a positive or negative forecast of what to expect next month... See more for yourself here.

Your opinion is greatly appreciated.

[monig18]

When market faces Fomo situation ,no indicator work perfectly.and When market stable all indicator works.

[Alcor]

According to the practice of the last two decreases in remuneration to miners in 2012 and 2016, a significant increase in the price of bitcoin occurs only within a year after the event to reduce the remuneration. Therefore, the growth of the cryptocurrency market is still ahead of us. Given that the world is in a very tough global economic crisis, this will be another good reason for the large growth of the cryptocurrency market.