Indicator library
RSI -- Relative Strength Index
A speedometer for Bitcoin's momentum.
What it measures: RSI measures how fast and how far the price has moved over the last 14 days -- like a speedometer for momentum, not a compass for direction.
Current RSI(14): 54.0
What it signals right now
RSI is at 54.0, inside the neutral 30-70 band -- momentum is neither overheated nor exhausted right now.
How to read it
- Above 70: momentum is 'overbought' -- the move has been fast; it can still continue.
- Below 30: momentum is 'oversold' -- the drop has been fast; it can still continue.
- 30-70: momentum is neutral -- neither exhausted nor overheated.
- RSI works best combined with the market regime, not alone.
Typical misreadings
- RSI above 70 is not automatically a sell signal -- in a strong uptrend it can stay overbought for weeks.
- RSI below 30 is not automatically a buy signal -- in a strong downtrend it can stay oversold for weeks.
- RSI is a momentum read, not a price target -- it says nothing about how far price will move.
Honest historical context
During strong trending markets, RSI is well known to stay in overbought or oversold territory for extended stretches -- traders who sell the first overbought reading in a strong uptrend have historically been early, sometimes by months. This is exactly why the 'what it signals now' text above always factors in the current regime rather than reading RSI in isolation.