[Analysis: Bitcoin's Relative Strength Index (RSI) Continues to Decline, Showing Similar Divergence to the 2021 Bull Market Peak] BlockBeats News, August 29, crypto analyst @ali_charts released a chart analysis indicating that Bitcoin's price has been consistently holding in the new high range, while the Relative Strength Index (RSI) continues to decline, showing a divergence similar to that observed before the peak of the 2021 cycle. RSI (Relative Strength Index) is a widely used technical analysis indicator that measures the speed and magnitude of price movements to determine whether the market is overbought or oversold. The RSI ranges from 0 to 100, with readings above 70 typically considered an overbought signal, suggesting that prices may be too high and at risk of a pullback. Readings below 30 are generally considered an oversold signal, indicating that prices may be too low and could be poised for a rebound.