Glassnode analysts are pointing out one historically bullish signal for Bitcoin (BTC) that previously prompted explosive rallies for the top crypto asset by market cap.
Glassnode co-founders Jan Happel and Yann Allemann say that Bitcoin has “crushed” multiple critical resistance levels and is now at a point of strengthening momentum.
The analysts zero in on BTC’s relative strength index (RSI), which is traditionally used to gauge an asset’s momentum.
With Bitcoin’s RSI now above the 70…
