Home Guides Chasing Bitcoin (BTC) Here Looks Like Very Late ‘Trade,’ Analyst Says

Chasing Bitcoin (BTC) Here Looks Like Very Late ‘Trade,’ Analyst Says

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Chasing Bitcoin (BTC) Here Looks Like Very Late ‘Trade,’ Analyst Says

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That said, RSI is not the holy grail. Markets often maintain a strong upward trajectory for days and weeks, keeping the RSI above 70 for a prolonged time. As Newton’s law says, “An object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.”

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