Last five times BTC broke out over the RSI 80 level, a rally followed taking us at least 23% higher. It therefore seems more likely than not that we will overall continue up coming days/weeks and even touching 8000 by the end of April would not be too much out of the ordinary.
Note
Note the rally gain percentages are counted from the moment of the first RSI top, not from the moment of breaking the RSI 80 level itself.Details:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.