BTC's RSI reached 70. Analyst interpretation: overvalued or within normal range.

[Coin World] A certain encryption analyst posted on a social platform stating that the RSI indicator for Bitcoin has reached 70. Traditional investors generally use an RSI range of 30-70, which may lead them to worry that BTC is currently overvalued; however, the typical RSI range for Bitcoin is 40-90, and now an RSI of 70 is slightly above average. RSI stands for Relative Strength Index, which is used to measure overbought and oversold.

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TheShibaWhisperervip
· 06-28 14:45
Don't worry, BTC is holding strong.
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GhostInTheChainvip
· 06-28 04:58
70 and you're panicking? Just getting warmed up.
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SmartContractWorkervip
· 06-26 14:30
Goodness, this wave is a Bear Market buying point!
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ImpermanentLossFanvip
· 06-26 14:26
Just 70.
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just_another_fishvip
· 06-26 14:23
A typical sucker enters a position by buying high and selling low.
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¯\_(ツ)_/¯vip
· 06-26 14:11
Continue to pump To da moon
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LiquidatorFlashvip
· 06-26 14:03
Stop talking, the liquidation pressure has already reached 70...
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