Bitcoin Radar · RSI · as of 01 Nov 2026 close
Bitcoin RSI: RSI above 70 (overbought) Bearish
First daily close with RSI(14) at or above 70. Below: the 1 week, 1 month and 3 months after every initial trigger since 01 Sep 2011.
- Current RSI(14)
- 39.6
- Median next 1 week
- +3.1%
- Median next 1 month
- +10.4%
- Median next 3 months
- +30.2%
- Occurrences
- 127
About this signal
RSI above 70 (overbought) is a bearish RSI signal: First daily close with RSI(14) at or above 70.
The Relative Strength Index compares the size of recent up-closes with recent down-closes over 14 days and scales the result from 0 to 100. Readings under 30 are conventionally called oversold and readings above 70 overbought.
Formula. RSI = 100 - 100 / (1 + RS), where RS = average gain over 14 days / average loss over 14 days (Wilder smoothing).
"RSI above 70 (overbought)" is a bearish RSI signal: First daily close with RSI(14) at or above 70. On the 127 occasions it first turned on since 20 Dec 2011, the median return over the next 30 days was +10.4% (mean +25.2%, 71% positive) against a baseline median of +2.9%, a median edge of +7.5%. The 1-week median was +3.1% (65% positive) and the 3-month median +30.2% (73% positive).
Forward returns after "RSI above 70 (overbought)"
| Horizon | n | Median | Mean | Win rate | Best | Worst | Baseline | Edge |
|---|---|---|---|---|---|---|---|---|
| 1 week | 127 | +3.1% | +5.8% | 65% | +66.6% | -16.0% | +0.7% | +2.4% |
| 1 month | 127 | +10.4% | +25.2% | 71% | +450.0% | -52.9% | +2.9% | +7.5% |
| 3 months | 123 | +30.2% | +70.9% | 73% | +1057.1% | -56.4% | +10.3% | +19.9% |
Most recent times the signal turned on
| Close date | BTC close | Next 1 week | Next 1 month | Next 3 months |
|---|---|---|---|---|
| 21 Sep 2026 | $86,587 | -3.6% | -3.0% | pending |
| 03 Sep 2026 | $81,265 | -5.8% | +4.3% | pending |
| 31 Aug 2026 | $78,571 | +0.7% | +6.4% | pending |
| 19 Aug 2026 | $69,298 | +14.0% | +16.7% | pending |
| 05 Oct 2025 | $123,519 | -6.8% | -17.9% | -26.7% |
| 17 Jul 2025 | $119,275 | -0.8% | -1.5% | -7.1% |
| 10 Jul 2025 | $116,031 | +2.8% | +0.4% | +6.3% |
| 20 May 2025 | $106,855 | +2.0% | -2.0% | +8.8% |
| 18 May 2025 | $106,520 | +2.4% | -1.8% | +10.3% |
| 13 May 2025 | $104,135 | +2.6% | +1.5% | +14.0% |
| 08 May 2025 | $103,261 | +0.5% | +2.3% | +11.4% |
| 06 Nov 2024 | $75,637 | +19.7% | +32.1% | +29.3% |
Distribution of outcomes
Histogram of Bitcoin's forward returns after this signal. The vertical axis is the number of triggers; the horizontal axis is close-to-close return, compressed so large outliers do not hide the typical range. Bars left of zero are losses, right are gains.
1 week
Forward return (compressed scale)
1 month
Forward return (compressed scale)
3 months
Forward return (compressed scale)
Methodology
- Data. Bitcoin (BTC/USD) daily closes from Bitstamp, 18 Aug 2011 to 01 Nov 2026 (5555 closes). One exchange, one series, no splicing.
- Trigger evaluation. Evaluated strictly on the initial daily close when the signal condition turns active (the first close after being inactive). Consecutive ongoing closes are excluded to prevent signal dilution and sample clustering.
- Forward return. For horizon h in {7, 30, 90} days:
close[t + h] / close[t] - 1, both daily closes. Indicators use data up to and including close[t], so there is no lookahead. - Statistics. Tables show the median return because Bitcoin's return distribution is right-skewed; the mean is on hover (and in the detailed columns). Also published: occurrence count n, win rate (share of positive returns), and the unconditional Bitcoin baseline over the same horizon. Edge = median minus baseline median. Signals with fewer than 3 occurrences are omitted.
- Caveats. Rare signals have small samples. External series start later than price (Fear & Greed 2018). Open interest and long/short ratios are excluded because no reliable multi-year history exists.
- Refresh. Recomputed once per day after the 00:00 UTC close. Last computed 2 Nov 2026 00:10 UTC.