Renowned market analyst Ali Martinez shared a strategy that Bitcoin (BTC) traders can use to time the market effectively using the RSI indicator.
When the RSI of an asset is 75, it means the asset is giving an overbought signal, while an RSI of 30 indicates oversold conditions. Whatever the indicator signals, the opposite action should be taken.
This implies that selling becomes a natural strategy when a coin is overbought, and buying aggressively when it’s at 30 queues up buyers.
