According to CrediBULL Crypto, the largest moves in the market occur when the Relative Strength Index (RSI) surpasses the overbought threshold on higher time frames, starting with the weekly timeframe. In parallel with Bitcoin’s price surge, an important development related to the highly anticipated spot Bitcoin ETF by BlackRock, known as the iShares Bitcoin Trust, has recently taken place. This ETF has made its appearance on the Depository Trust and Clearing Corporation’s (DTCC) curated list, indicating progress towards its launch. Crypto analyst added, “A day after we closed back above 30k and we already had a $5,000 DAILY candle. People starting to wake up.” . . #rsi #crypto #bitcoin