It accurately showed the top in both 2013 and 2017, it also accurately showed the bottom in 2015, and it appears to have shown the bottom in 2018.....now this can be up for debate but it is also showing that the accumulation period has been much shorter than last time and is possibly over. If the RSI goes above 54 then it could be off to the races, we are pretty much at a resistance point right now, however when it reach this RSI level last time, the Bull run was at the very beginning. I would keep an eye on that, if it gets rejected then we will likely see a double bottom for the RSI which would make a lot of sense, however if it breaks through the bull market is likely on, it also would probably Bitcoins price is somewhere above $6000.....
*someone quote my image, im a newbie