RSI Bitcoin hits historic lows: Accumulation signal for a new cycle? Bitcoin's history just repeated a "golden" signal when the 14-day RSI dropped below the 30 zone. According to data from checkonchain, this is an extremely oversold condition that we've only seen twice before, in 2015 and 2018. Although the current price is hovering around $66,000 and market sentiment is dominated by fear, traders need to remember that such deep RSI drops have always marked the bottom of a major cycle. This is a support phase where the market is backing and accompanying long-term investors by offering discounts of up to 50% from the October peak. While it may take a few more months of sideways movement to gather momentum, the possibility of a breakout beyond $100,000 is entirely feasible. Don’t let fear take over, because when the crowd is panicking the most, opportunities to change your life become most apparent. Keep steering steady, guys, the time is coming and no one can stop it! $BTC