Bitcoin’s weekly RSI just printed the lowest level in history. Lower than: • The Covid crash • The FTX collapse • The 2018 bear market bottom • The Mt. Gox era • Every major panic selloff This means one thing : In Bitcoin’s entire history it has never been this oversold. Fear is extreme. Price is very weak. Many people are selling in panic. Historically, when weekly RSI hits deep oversold levels, we’re closer to the end of pain Panic creates opportunity. The question is: Are you buy this dip? 👀
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🚨 BITCOIN JUST DID SOMETHING NEVER SEEN BEFORE.
Bitcoin’s weekly RSI just printed the lowest level in history.
Lower than:
• The Covid crash
• The FTX collapse
• The 2018 bear market bottom
• The Mt. Gox era
• Every major panic selloff
This means one thing :
In Bitcoin’s entire history it has never been this oversold.
Fear is extreme.
Price is very weak.
Many people are selling in panic.
Historically, when weekly RSI hits deep oversold levels, we’re closer to the end of pain
Panic creates opportunity.
The question is:
Are you buy this dip? 👀