Bitcoin RSI at 54.3: the two levels that decide the signal

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin's 14-day RSI stood at 54.3 points on October 11, 2026. We recalculated from 705 daily closing prices how rarely the 70 and 30 thresholds are reached, and what really happened to the price afterwards.Bitcoin's RSI stood at 54.3 points on October 11, 2026, with a daily close of $83,675.60. The reading sits in the middle of the scale, and that is exactly why it makes a good moment to explain the indicator properly: at this level it says nothing at all. Traders who use the RSI as a signal generator wait for the edges, for readings above 70 or below 30. How often those actually occur, and what really happened to the price afterwards, we calculated ourselves for this piece from 705 daily closing prices. The finding first, because it contradicts the common reading: in the not quite two years between November 6, 2024 and October 11, 2026, the Bitcoin RSI was above 70 on 50 days, in what is called overbought territory. Fourteen days later the price stood higher than on the signal...