RSI has been going down and yet the price has gone went up. it will be continue to do so but don't know when it will correct itself. i would say it has a possibility to go down to 18xx - 20xx before heading up.
if the bitcoin does what it does best and being cold and get short term investors out and fulfill the hold'ers dream once again from broke to riches.
it will go to 85 percent draw down a few times and after halving take off again unexpectedly...
every cycle is around 10xx days
and it leaps. and i calculated how approximately it closes down the percentages and expects this time to do the similar as percentages goes down.
chart is now at the price discovery. 65k will be broken very soon. where is your price target?
some say 500k
some say 150k
but one thing for sure is its going to the next phase as we speak....
