The Bitcoin RSI chart is like a measuring tool that shows if Bitcoin is being bought or sold too much. The chart goes from 0 to 100. If it's over 70, that means a lot of people are buying Bitcoin - some might say too many. If it's under 30, lots of people are selling. This chart can help traders decide when it might be a good idea to buy or sell Bitcoin. However, it's smart to use this tool with other tools for the best results.
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