Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?

The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes it possible to use this indicator in an attempt to pinpoint where the price might be headed next. This time around, the indicator is turning bearish, which means that the Bitcoin price... source: https://www.newsbtc.com/news/bitcoin/bitcoin-rsi-bearish-40000/