One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
Im not on technical thing yet these dont give out precise predictions but somehow you can make out some analysis on whats happening on the market on using up these tools.
Price had gotten down on sub 5k price but it did hold and now we are trading above 5k as of this moment.Good indication that we are possibly tanking this range
once again just like what happen when we are still on 4k above price.