Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Zcash price crashes 18% after vertical rally – is more downside ahead?

October 7, 2025

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators

March 21, 2025Updated:March 21, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Cause to belief

CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by business specialists and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

A crypto market technician is debating whether or not Bitcoin has reached its peak this bull cycle, as technical indicators recommend a possible lack of momentum. The evaluation report highlights technical indicators just like the Relative Energy Index (RSI) which did not attain previous extremes, elevating considerations about Bitcoin’s future trajectory.

Bitcoin Indicators Fall Quick Of Historic Peaks

Bitcoin has traditionally exhibited sturdy indicator readings throughout main cycle tops, reflecting excessive market engagement and enthusiasm. Nonetheless, on this bull cycle, the pioneer cryptocurrency’s RSI studying has failed to achieve historic peaks regardless of Bitcoin reaching new all-time highs. 

Associated Studying

Tony Severino, a crypto market technician on X (previously Twitter), has Bitcoin Worth Dangers Additional Crash As S&P Month-to-month LMACD Turns Bearish, Why Bulls Have Solely 20 Days an in depth evaluation of Bitcoin, difficult the idea that the cryptocurrency should attain the identical overbought RSI ranges as in earlier cycles to substantiate its market peak. The important thing argument right here is that decrease highs on oscillators just like the RSI, mixed with larger highs in Bitcoin’s value, could be a bearish sign, suggesting waning power out there. 

Severino shared an instance evaluating Bitcoin’s present bull cycle to previous cycles. Within the earlier bull market, Bitcoin’s month-to-month RSI reached above 90, however its present cycle has not. The analyst posed a query about whether or not this lack of ability to achieve previous extremes implies that Bitcoin hasn’t reached a market high or just lacked the identical momentum to push its RSI to the best degree. 

Bitcoin
Supply: Tony Severino on X

The analyst has warned that believing that Bitcoin should attain previous extremes on indicators earlier than hitting a value peak is a harmful mind-set. Historic patterns don’t at all times repeat in the identical method, and relying an excessive amount of on previous indicator peaks might trigger merchants to overlook warning indicators of a high or underestimate the potential for a bear market. 

Severino additionally pointed to historic knowledge from the S&P 500 within the Fifties and Nineteen Sixties, the place comparable RSI failure preceded a protracted market meltdown. Throughout these occasions, cyclical peaks hit RSI readings of 77 or larger, however in 1969, the RSI failed to achieve these highs, signaling underlying weak point. This market downturn in the end led to the primary decrease low in over 20 years. 

Whereas this historic conduct of the S&P 500 doesn’t imply that Bitcoin is destined for a decrease excessive, it does recommend that the cryptocurrency doesn’t want to achieve excessive RSI ranges to substantiate a cycle high and a subsequent bear market. 

Analyst Says BTC Has Hit Its Market High

In his evaluation Severino confirmed that Bitcoin has already hit its market high for this bull cycle. Following his detailed evaluation of Bitcoin’s RSI ranges, a neighborhood member requested if Severino believes that Bitcoin reached a market high when its value surged above $109,000. 

Associated Studying

The analyst responded positively, stating that present market knowledge signifies that the cryptocurrency hit its highest value level for this bull cycle after Donald Trump’s US Inauguration Day. On the time, Bitcoin soared previous $109,000, setting a brand new ATH and surpassing earlier data.

Bitcoin
BTC buying and selling at $84,178 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from Unsplash, chart from Tradingview.com



Source link

ad
Bitcoin CMTCertified Expert Explains Extremes Indicators Reach
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Zcash price crashes 18% after vertical rally – is more downside ahead?

October 7, 2025

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?

October 7, 2025

Dutch crypto firm Amdax raises $35m to buy Bitcoin

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Zcash price crashes 18% after vertical rally – is more downside ahead?
October 7, 2025
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
October 7, 2025
Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?
October 7, 2025
Dutch crypto firm Amdax raises $35m to buy Bitcoin
October 7, 2025
Why did BTC reach a new all-time high?
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.