There is a very simple method to understand whether Bitcoin will continue to rise.

With this simple method, you can notice big increases in advance and take action accordingly.

Let's see how to do it together 👇

As you know, the RSI indicator is one of the leading indicators. Unlike other indicators, it gives a signal before the price increases, not after.

We can easily catch important breaks and big increases by looking at the leading signals given by the RSI.

- For example;

In October 2023, Bitcoin broke the $32k resistance and experienced a great rise to $70,000.

The RSI resistance break occurred 3 days before the main resistance break, showing us 3 days in advance that the 32k resistance would be broken.

As you can see in the chart, when the RSI break occurred, the price was $29,500, while when the main break occurred, it was at $33,100.

In other words, a person who follows the RSI breakout makes a purchase 3 days before the main breakout and 12% cheaper.

The RSI resistance breakout gives a leading signal and breaks before the main resistance, offering the opportunity to buy at a 12% cheaper price.

- When we look at the current chart;

There is a formation very similar to the structure in October 2023. The RSI has a horizontal resistance and this resistance break will show us whether the ATH resistance of $74k will be broken or not.

If the RSI resistance is broken, we will be able to understand that the ATH resistance of $74k will most likely be broken in the coming days.

Following the RSI resistance will give us a great idea about whether the rise will continue at this point and will allow us not to take a position before the main resistance breakout.

You can easily draw this resistance and follow the breakout by adding the RSI indicator to your chart, friends.

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