source avatarCryptoCon

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Interestingly, at the same relative RMC RSI in each cycle, Bitcoin was 1 month out from reaching cycle bottom prices or retesting the RMC Moving Average. 42.5k in a month? Maybe. Would that be the cycle bottom? Also maybe, in the same way that June 2022 was the cycle bottom but retested the moving average again in November 2022 at lower prices (16.5k).

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.