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
It seems that Stochastic RSI has not been able to tell the price of the crypto market. Our crypto market has a lot of whales and their strategy always changes over time. we will witness many times such absurd events many times. so don't be too obstinate, watch and just set up an investment strategy to make money.
