Bitcoin's monthly Relative Strength Index (RSI) trendline, known for predicting market tops in 2013, 2017, and 2021, is approaching a critical level. Historically, this indicator has shown a downward slope before major corrections, acting as an early warning for overbought conditions. As Bitcoin experiences a rebound in 2024, traders are monitoring the RSI closely to see if it will again signal a potential market top. Although the RSI has not yet crossed the historical trendline, its proximity has heightened investor interest.