Crypto analyst Rekt Capital recently discussed the Bitcoin price action and provided insights into the flagship crypto’s future trajectory. Specifically, he alluded to BTC’s RSI, which is showing a similar pattern to last year, just before the rally to new highs. Bitcoin’s RSI Targeting Daily Retest That Triggered 2024 Price Rally In an X post, Rekt Capital revealed that Bitcoin’s RSI is targeting a daily retest that triggered the 2024 price rally. He mentioned that last week, the daily RSI successfully performed a post-breakout retest of the RSI downtrend, which dates back to November 2024, to confirm the breakout
source: https://www.newsbtc.com/news/bitcoin/bitcoin-rsi-daily-retest/