Mars Finance News, crypto analyst CredibleCrypto pointed out on the X platform that Bitcoin's monthly Relative Strength Index (RSI) has once again entered the overbought zone after several months. He reviewed the market performance during the previous two instances when the monthly RSI entered the overbought zone, when the monthly candlestick lines rose by $22,200 and $33,000 respectively. Currently, Bitcoin's price has risen by approximately $18,000 this month, with about 10 days remaining until the monthly close.
Analysis: Bitcoin monthly RSI enters overbought range again, Bitcoin rises strongly after two previous overbought periods
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