Bitcoin RSI hits 80 at $79K - still 37% below ATH, model says accumulate
ACCUMULATE temperature 30/100 - $79,144 +1.5% THE READ 📊 - RSI at 80: overbought. The push has stretched - not a sell signal, but not the moment to chase. - Z-score -0.81, BUY band. Still 37% below the ATH set 330 days ago. Cheap on a cycle basis despite the heat. THE NEWS - BlackRock led a $217M ETF rebound - institutional demand came back in force. - Hawkish Fed bets are capping the move; markets are pricing fewer rate cuts. - Ireland shut crypto out of new tax-advantaged accounts. Strive quietly added $143M more BTC. Watch $80,258 - hold it and the next leg opens. Lose it, $77,668 is the floor to defend. Daily Bitcoin signal: valuation temperature, trend and the news that moved it, rebuilt every morning from 5,400+ daily closes. Not financial advice. https://www.youtube.com/@cryptosignalssummary
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