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Looking at the historical cycles of Bitcoin, the 100-week Relative Strength Index (RSI) has always been one of the important technical indicators that the market focuses on. Reviewing the bull run peaks of 2013, 2017, and 2021, we can easily identify a common characteristic: the RSI broke through the overbought zone of 70, after which the market experienced significant adjustments.



Currently, the 100-week RSI of Bitcoin is gradually approaching the key threshold of 70. Although it has not yet reached an overbought state, this trend is worth investors' close attention. If the RSI breaks above 70 in the future and a top divergence occurs, it may indicate that this bull run cycle is about to peak.

However, we should also recognize that technical indicators are not the only basis for predicting the market. Factors such as the macroeconomic environment, regulatory policies, and institutional participation also have a significant impact on Bit price. Therefore, investors should consider multiple sources of information when making decisions, rather than relying too heavily on a single indicator.

Overall, although the current RSI has not yet reached a clear overbought level, its proximity to historical bull run top areas is undoubtedly worthy of high attention from market participants. At this critical moment, maintaining rationality and vigilance, as well as implementing effective risk management, should be the priority strategy for every investor.
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MetaMaximalistvip
· 21h ago
BTC is going to da moon
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DuckFluffvip
· 07-13 04:29
bullish Reverse
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DYORMastervip
· 07-12 03:34
Wait and see.
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MemeCuratorvip
· 07-10 14:48
Approaching the warning zone
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RektRecordervip
· 07-10 14:44
Warning signals have emerged.
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SmartContractRebelvip
· 07-10 14:34
Just a reference for the indicators.
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NftMetaversePaintervip
· 07-10 14:28
Analyzing RSI patterns deeply.
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CryptoComedianvip
· 07-10 14:26
RSI can also lie.
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LucidSleepwalkervip
· 07-10 14:23
Beware of Risk Management
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