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
I am very agreed that Bulls need time. As you can see, bear market was already running for almost 1 year mate.
And yet bull run so far is showing a good signs at the moment in the market. While Bitcoin was increasing its value, majority of the
altcoins out there are getting dump its price value.