Over the last 6 years
BTC has bottomed 13 times on RSI. Of the 9/13 times x+30 has been positive with an average return of 18%. As long as there’s no Russian military conflict in the next couple days, I expect a positive return before 10/03
Date RSI Bottom x+30
1/15/16 27.26 13.63%
8/15/16 26.66 8.72%
9/14/17 29.96 31.34%
2/5/18 26.96 33.67%
6/13/18 26.96 -1.23%
11/8/18 10.77 -16.99%
9/26/19 20.66 14.48%
3/12/22 15.87 41.42%
4/25/21 31.6 -21.91%
5/19/21 22.76 -2.53%
1/7/22 28.76 2.13%
5/9/22 24.56 0.25%
6/18/22 20.06 18.30%
8/28/22 29.66
Date RSI Bottom x+30
1/15/16 27.26 13.63%
8/15/16 26.66 8.72%
9/14/17 29.96 31.34%
2/5/18 26.96 33.67%
6/13/18 26.96 -1.23%
11/8/18 10.77 -16.99%
9/26/19 20.66 14.48%
3/12/22 15.87 41.42%
4/25/21 31.6 -21.91%
5/19/21 22.76 -2.53%
1/7/22 28.76 2.13%
5/9/22 24.56 0.25%
6/18/22 20.06 18.30%
8/28/22 29.66
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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.