... optimism. Currently, BTC's consolidation below $100,000 is viewed by analysts as an accumulation phase before a potential new impulse. From a technical standpoint, daily charts indicate a healthy correction: the RSI (Relative Strength Index) has exited overbought territory following the April rally, and moving averages have aligned, confirming a neutral momentum in the short term. The lack of a clear trend within the $90,000–$100,000 range reaffirms this neutrality – the market has taken a pause ...

... strength of the trend: during an uptrend, RSI usually stays above 50, during a downtrend, it is below 50. In addition, extreme values \u200b\u200bof the indicator may indicate that the market is overheated: if RSI rises above 70, the asset is considered “overbought” (a downward correction is possible), and if it falls below 30, it is “oversold” (an upward rebound is possible). The good thing about indicator analysis is that it gives clearer formal signals. The investor does not need to guess whether ...