According to Miles Deutscher, integrating the Stochastic RSI into your crypto trading strategy helps identify overbought and oversold conditions more effectively, especially when combined with support and resistance (S/R) levels and a momentum indicator. This approach enhances entry and exit timing by confirming whether momentum aligns with key price levels, reducing the risk of false signals. Miles emphasizes that traders should use the Stochastic RSI to validate market reversals, improving the reliability of technical analysis for cryptocurrencies (Source: @milesdeutscher on Twitter, May 14, 2025).

According to Milk Road, the 14-day Relative Strength Index (RSI) for Bitcoin has approached the 30 level, which historically signals a potential market bottom. Over the past two years, Bitcoin's price has often rebounded when the RSI has dipped below 30, suggesting a potential buying opportunity. Traders should consider this RSI level as a momentum indicator for Bitcoin's short-term price action.