Bitcoin RSI reset signals a local top is near as macro uncertainty deepens
From kitco.com
Bitcoin confirmed an RSI Reset on Tuesday's daily candle close after RSI dropped below 70, a technical signal that often precedes a local top. While On-balance Volume's moving average is curling upward — suggesting bullish momentum remains present — volume itself continues to put in lower highs, a structurally bearish development. A slightly higher price high is still possible before the chart rolls over, but the technical evidence is mounting that BTC is close to exhausting this leg of the move. {chart} Ethereum remains overbought on the daily RSI, but the more critical development is the sharp drop in TBO ...
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