BITCOIN Monthly RSI tells you where the Cycle Top will be!

Following our recent Bitcoin (BTCUSD) Thanksgiving study on the trend-line angles, we decided to expand it a bit further and apply a similar reasoning on the RSI, this time on the 1M (monthly) time-frame.

The result is more than informative as, with the additional use of the Fibonacci Channel levels for better display, we see that from bottom to top, every Cycle displays an RSI trend-line on a 40° angle (approximately). Applying the same measurement on the current Cycle, we get a rough date for the next Top at around March 2025. This doesn't of course give a dollar figure of BTC's price at that time but rather tells you to (at least) start considering taking (some) profits on your holdings.

Do you agree with that model? Are going to sell around that date? Feel free to let us know in the comments section below!

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