Context and references.
The March 2024 BTC price action provides a clean case study for RSI timeframe alignment. BTC printed a new all-time high of $73,777 on March 14, 2024 (Binance intraday). Computed as Wilder RSI(14) on Binance BTCUSDT closes, the daily RSI had been above 70 almost continuously since 9 February (87.3 on 28 February), so "overbought" alone gave a five-week-early warning. In the week of the top the 4-hour RSI was not extreme: its highest close-of-bar reading was 73.3 on 11 March.
The more useful signal was bearish divergence on both timeframes. On the daily chart RSI peaked at 79.3 on 11 March while price kept rising to new highs on 13 and 14 March, with RSI at 78.7 and then 72.5. On the 4-hour chart RSI's highs slipped from 73.3 (11 March) to 71.8 (13 March) as price made higher highs. You can check both on any chart using Wilder's 14-period RSI.
Trade execution lessons from the case: the short timeframe confirmed first once price turned — on the afternoon of 14 March the 4-hour RSI fell from about 64 to 37.8 within eight hours, while the daily reading still closed at 72.5. Multi-timeframe alignment matters most at turning points, less so during steady trending regimes.
Outcome: BTC pulled back from $73,777 to a $61,937 close on March 19 (about 16% below the high), then to an intraday low of $56,553 on 1 May (about 23% below the ATH). One case does not make a typical pattern, but it shows why divergence deserves more weight than a single overbought print.
Crypto assets are volatile and not suitable for every investor. This page is editorial analysis, not financial advice.