That said, RSI is not the holy grail. Markets often maintain a strong upward trajectory for days and weeks, keeping the RSI above 70 for a prolonged time. As Newton’s law says, “An object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.”
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- Source: https://www.coindesk.com/markets/2024/03/01/bitcoin-bulls-just-joining-the-rally-are-very-late-to-the-party-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines