Plan B: Bitcoin RSI indicator has reached 70
Odaily Planet Daily News: Crypto analyst PlanB stated in an article on X platform that Bitcoin's RSI index has reached 70. Traditional investors typically use an RSI range of 30-70, and they may start to worry that BTC is now overvalued; However, the typical RSI range for Bitcoin is 40-90, and currently RSI 70 is slightly above average. RSI stands for Relative Strength Index, used to measure overbought and oversold.