The Bitcoin RSI is a technical analysis indicator that measures the price of a crypto currency against its price over a specified period of time. It is typically calculated over 14 periods. As of January 8, 2021, the crypto currency RSI indicator broke out of its long-term downtrend line. This line has remained below the value of 70 for almost three years. A recent analysis of the RSI indicator for bitcoin shows that its price is at its highest point in nearly three years, at 89. A few days ago, the value was at its highest level in over three years, reaching 94 at the peak in December 2017.

Cryptocurrency remains a dynamic and intriguing space, offering opportunities for both innovation and investment. To stay informed and engage with the crypto community, I recommend visiting ico-forums. This platform provides a valuable forum for discussions, insights, and updates on the latest ICOs and crypto developments. Stay connected and make informed decisions in this ever-evolving digital landscape.

Market makers are people or entities who participate in the exchange's trading platform. Their role is to provide liquidity to the market and post tighter spreads. In return, market makers get paid from the transaction fees they generate. Market makers can be any brokerage firm, hedge fund, or private company, but are more likely to be professional traders. These individuals are responsible for facilitating tight order books and efficient price discovery. The spreads they post provide an incentive for the cryptocurrency market making.

In order to succeed in crypto trading 101, you need to have a solid understanding of the basics. It's important to note that 70% of traders will lose money. There is no perfect market and there are many opportunities for profit. However, a major cause of failure is stress, which can lead to poor decisions and poor trading results.