🔼 🟠BTC could soon repeat the bull run of 2017, as the RSI is behaving remarkably similar to the price action back then.
🧪 Although the current bull market of 2024 has in some ways diverged from the past, with the new all-time high set before the Bitcoin halving this time, there are still strong indicators that the price of the leading cryptocurrency has plenty of room to rise.
Bitcoin is behaving incredibly similarly to early 2017
... Hidden bullish divergence and choppy price movements near an all-time high – then comes the big breakout
... Once we surpass $75,000, things could escalate quickly
Historically, the Bitcoin price tends to surge the most when the RSI is in the "overbought" territory, above 70 points.
We're waiting for a strong rocket) 🚀
