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Pseudonymous crypto analyst CrediBULL Crypto believes that the current bull market is just the beginning of the excitement yet to come.
What Happened: According to CrediBULL Crypto, the largest moves in the market occur when the Relative Strength Index (RSI) surpasses the overbought threshold on higher time frames, starting with the weekly timeframe.
“You think these last couple of days have been crazy? It’s nothing compared to what we will see in the coming weeks. The biggest moves occur as RSI pushes into overbought territory on higher time frames, starting with the weekly. We’re just getting warmed up,” the analyst said about BTC.
These observations come on the heels of…
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