Crypto Analyst Claims Bitcoin’s Weekly RSI Is About to Go “Avengers” Mode 🚨
According to Svenson, this RSI has been strangled by a resistance trendline since January. If you’re not familiar, that means the RSI has spent most of 2024 climbing a wall higher than the one between you and your neighbor’s Wi-Fi. But, he claims, this infamous trendline is about to crack. “Five days until full confirmation,” Svenson wrote, as though the RSI were a soufflé, and he’s waiting with an oven mitt, poised for greatness.