What is Bitcoin's monthly RSI?
The Relative Strength Index (RSI) is a momentum oscillator from 0 to 100 that measures the speed and size of recent price changes. Here it is computed with Wilder's method over 14 monthly closes, so it reacts slowly and reflects the long-term trend.
By convention, readings above 70 are called "overbought" and below 30 "oversold". These are descriptive technical labels about momentum, not buy or sell signals. The orange line is the BTC price for context.
This is descriptive market data, not investment advice.
How is the monthly RSI calculated?
It uses Wilder's RSI over 14 monthly candles: it averages monthly gains and losses with Wilder smoothing and maps them to a 0–100 scale. We show the figure and its date; we do not act on it.
What do "overbought" and "oversold" mean?
They are conventional labels: above 70 momentum has been strongly positive, below 30 strongly negative. They describe recent momentum, not what the price will do next. Markets can stay overbought or oversold for a long time.
Why monthly instead of daily?
A monthly RSI is far slower and less noisy than a daily one, so it is used to read the broad, multi-year momentum of Bitcoin rather than short-term swings.
Where does the data come from?
Monthly closing prices come from Binance (BTCUSDT, no API key). The RSI is computed live; nothing is stored.