#BITCOIN RSI PLUNGES TO ITS LOWEST LEVEL IN OVER A YEAR
Bitcoin’s daily RSI just hit its weakest point since August 2023 : back when #BTC was trading near $25K.
The weekly RSI is hovering around 34, brushing into oversold territory.
Historically, levels like this have appeared near major market bottoms and preceded sharp rebounds : fueling speculation that a bounce could be forming.
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#BITCOIN RSI PLUNGES TO ITS LOWEST LEVEL IN OVER A YEAR
Bitcoin’s daily RSI just hit its weakest point since August 2023 : back when #BTC was trading near $25K.
The weekly RSI is hovering around 34, brushing into oversold territory.
Historically, levels like this have appeared near major market bottoms and preceded sharp rebounds : fueling speculation that a bounce could be forming.