Bitcoin’s RSI (Relative Strength Index) currently does not clearly indicate an overbought signal across all timeframes. On the daily chart, RSI hovers around 55-60, suggesting neutral momentum with room for growth, per recent web data. However, X posts note that shorter timeframes (e.g., 4-hour) occasionally dip into oversold territory, hinting at potential bounces rather than overbought conditions. Historically, RSI above 70 signals overbought status, as seen in 2024’s peak, but current levels are far from that threshold. Without sustained buying pressure, a strong overbought signal seems unlikely short-term. 0 reply
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