Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 #mark.

Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 #mark.

From the chart, it appears that the failure to move beyond $7.55 coincided with the #RSI falling at a resistance of its #own.

#Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 mark.

From the chart, it appears that the failure to move beyond $7.55 coincided with the #RSI falling at a resistance of its #own.

#Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 mark.

From the chart, it appears that the failure to move beyond $7.55 coincided with the #RSI falling at a resistance of its #own.

#Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 mark.

From the chart, it appears that the failure to move beyond $7.55 coincided with the #RSI falling at a resistance of its #own.

#Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 mark.

Overall, the surge came as the 14-day relative strength index (#RSI) collided with its own ceiling at the 55.00 #mark.

The 10-day (red) moving average (MA) is now trending sideways, and should the #RSI fall back below 58.00, chances of a #downward cross with the 25-day (blue) MA will greatly increase.

Price has since retreated from this point, which comes after the #RSI collided with a ceiling at the 58.00 #mark.

This latest surge in price occurred as the relative strength index (#RSI) continued to move away from a recent floor at the 60.00 #mark.

#Looking at the chart, today’s move appears to have come as the #RSI broke out of a ceiling at the 58.00 mark.

The surge came as the 14-day relative strength index (#RSI) also #broke free of a recent ceiling at the 70.00 mark.

The upsloping 20-day #EMA ($309) and the #RSI near the overbought territory indicate that the path of least resistance is to the upside.

The upsloping 20-day #EMA ($309) and the #RSI near the overbought territory indicate that the path of least resistance is to the upside.

The upsloping 20-day #EMA ($309) and the #RSI near the overbought territory indicate that the path of least resistance is to the upside.

The rising 20-day exponential moving average ($24,088) and the relative strength index (#RSI) in the overbought territory indicate advantage to #buyers. 

The downsloping 20-#EMA and the #RSI in the negative territory on the four-hour chart show that bears have the upper hand.

The downsloping 20-#EMA and the #RSI in the negative territory on the four-hour chart suggest that bears have the upper hand.

The downsloping 20-#EMA and the #RSI in the negative territory on the four-hour chart suggest that bears have the upper hand.

The downsloping 20-#EMA and the #RSI in the negative territory on the four-hour chart show that bears have the upper hand.

The 20-#EMA is flattening out and the relative strength index (#RSI) is just below the midpoint, indicating a balance between supply and demand.

The 20-#EMA has turned up and the #RSI is in the positive territory, indicating that bulls are in command.

The four-hour chart shows that the 20-#EMA is sloping down, and the #RSI is in negative territory, indicating that bears have a slight edge. 

The gradually upsloping moving averages and the #RSI in the #positive zone indicate advantage to the bulls. 

The moving #averages are turning down on the four-hour chart and the #RSI is near 39.

The 20-day #exponential moving average ($23,159) has started to turn down and the relative strength index (#RSI) is below 44, indicating that bears are trying to solidify their position.

In 2021, #RSI was increasing versus a #BTC price correction, subsequently ending in current all-time highs of $69,000 in November that year.

#Venturefounder referenced the Relative Strength Index (#RSI) metric, which measures how overbought or oversold an #asset is at a given price point.

In 2021, #RSI was increasing versus a #BTC price correction, subsequently ending in current all-time highs of $69,000 in November that year.

#Venturefounder referenced the Relative Strength Index (#RSI) metric, which measures how overbought or oversold an #asset is at a given price point.

In 2021, #RSI was increasing versus a #BTC price correction, subsequently ending in current all-time highs of $69,000 in November that year.

#Venturefounder referenced the Relative Strength Index (#RSI) metric, which measures how overbought or oversold an #asset is at a given price point.

“#Bitcoin bearish #RSI divergence continues… #Almost the exact opposite way of the May–July 2021 period.

In 2021, #RSI was increasing versus a #BTC price correction, subsequently ending in current all-time highs of $69,000 in November that year.

#Venturefounder referenced the Relative Strength Index (#RSI) metric, which measures how overbought or oversold an #asset is at a given price point.

“#Bitcoin bearish #RSI divergence continues… #Almost the exact opposite way of the May–July 2021 period.