Bitcoin (BTC): RSI Is Overbought!
2024-10-17

Bitcoin has made a nice break from the local resistance zone where buyers are maintaining the zone so far, leaving the RSI in the overbought zone.

We are looking here for a possible move to the upper orange line after what we want to see: a steep movement to the lower zones.

So far everything goes by plan and we are now in wait for some sharp move or a liquidity movement to upper zones after what we want to see: a break of EMAs!

Swallow Team