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Crypto · indicator signal
RSI overbought drop on Bitcoin
On Bitcoin the rsi overbought drop showed up 926 times. The target came first 32% of the time, the stop 55%, and 13% went nowhere within 12 candles.
Counted on Bitcoin (BTC/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 37 | 24% | 68% | 8% |
| 4-hour | 190 | 35% | 52% | 13% |
| Hourly | 699 | 32% | 55% | 13% |
Bitcoin against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Bitcoin | 926 | 32% | 55% | 13% |
| All Crypto charts | 23,321 | 34% | 57% | 9% |
| Every market | 36,014 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 150 | 31% | 59% |
| 2022 | 117 | 33% | 55% |
| 2023 | 160 | 28% | 53% |
| 2024 | 209 | 32% | 56% |
| 2025 | 164 | 30% | 55% |
| 2026 | 126 | 41% | 48% |
The last 8 times
- 23 Sep 2026, 05:00 UTC · hourly · target first after 3 candles
- 23 Sep 2026, 04:00 UTC · 4-hour · target first after 2 candles
- 22 Sep 2026, 00:00 UTC · hourly · went nowhere
- 20 Sep 2026, 00:00 UTC · 4-hour · stop first after 4 candles
- 19 Sep 2026, 17:00 UTC · hourly · target first after 4 candles
- 19 Sep 2026, 10:00 UTC · hourly · stop first after 4 candles
- 19 Sep 2026, 03:00 UTC · hourly · stop first after 11 candles
- 14 Sep 2026, 21:00 UTC · hourly · target first after 3 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the rsi overbought drop is
RSI rose above 70, then fell back below it. Buying may be tiring.
Run up a hill as fast as you can and soon you need a breather. RSI is a gauge from 0 to 100 that shows how hard price has been pushed lately. Above 70 means price was pushed up very hard, and dropping back below 70 hints the buyers may be tiring.
The full rsi overbought drop lesson, video and quiz ›
Other patterns on Bitcoin
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Volume profile bounce · Doji · Volume profile rejection · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them
The rsi overbought drop elsewhere
Ethereum · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Aave · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the rsi overbought drop work on Bitcoin?
In 926 cases on Bitcoin, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 55%; 13% went nowhere within 12 candles.
What is the rsi overbought drop?
RSI rose above 70, then fell back below it. Buying may be tiring.