Bitcoin RSI Shows Shocking Similarities To 2012-2015, But What Happened Last ...
A crypto analyst has revisited long-term charts from 2012-2015, noting that the current Bitcoin (BTC) cycle shows striking similarities to this timeline, in terms of the Relative Strength Index (RSI) and price action. During the 2017-2015 bull run, BTC experienced one of the strongest multi-year advances before bottoming out. The market expert claims that the same sequence of peaks and pullbacks observed in that timeline is now unfolding again in this cycle. Bitcoin RSI Comparison Signals Bottoming Structure Bitcoin’s latest momentum study by crypto analyst Tony Severino has drawn....
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It was in 2012 that I first came across the protocol Bitcoin on internet forums, at that time in Ireland I hadn’t heard as much as whisper about them. Fast forward to 2015 and you have a foundation, association, meet ups and international cryptocurrency companies like Circle based here. I was fascinated by the concept as soon as I studied it, and knew straight away that this was the future of finance. The internet had everything except its own currency, which is what I first understood this would be. I immediately jumped on the bandwagon trying to make my first purchase of some, which at....
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