290 days ago, when the Bitcoin rsi index was in the same range, Bitcoin displayed such a behavior pattern as you can see in the chart. This pattern seems to occur in the next 50 days and until the end of the year Bitcoin will fluctuate between 40 thousand and 33 thousand.
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This analysis continues this week. Economic news is unlikely to have an impact on Bitcoin and Bitcoin is still bullish and looks set to correct slightly.
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It goes so far based on the analysis and it is half way there
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Will Bitcoin reach $44,000 at the end of the year? It seems to be very close to the goal
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