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#BTC Monthly RSI - Is the Bottom Forming?
History is repeating:
📒 2014, 2018 and 2021:
👉 $BTC monthly $RSI entered the lower red-white channel and began building the next macro bottom.
👉Now, $RSI is bouncing almost perfectly from the same zone.
👉But this cycle is different:
▫️ $BTC never reached the historical 80–100 RSI top zone
▫️The maximum was only 77 RSI
▫️This may have been a mid-cycle peak, not the final cycle top
▫️$BTC may already be inside the macro bottoming range, but price could still sweep:
$50K, $48K, $47K or $45K
The ideal confirmation:
✅ Lower low in price
✅ Higher low in RSI
✅ RSI reclaims 50, then 60
My probabilities:
🟢 40–50%: Macro bottom is forming
🟡 30–40%: Final sweep toward $45K–$50K
🔴 10–15%: RSI breaks the channel and the bear market extends
As long as the red-white channel holds, $BTC is likely much closer to the end of the bear market than the beginning.
Structure > Noise > Opinion. ONLY FEW 🧠