BTC Weekly Timeframe $100K

This chart looks extremely bullish. Bitcoin's #BTC relative strength index (RSI) bottomed out in the week of May 6, 2024. That was a month ago. We got confirmation that the RSI is now above the 20%.

We can clearly see Bitcoin reach $100,000 this summer, by using the past similar price increase. This is a plain and simple chart by using the past two RSI increases as shown in the chart.

*THIS IS NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH.*