Sources
Loading...
Additional media
Loading...
Bitcoin Daily RSI was sold out in this flush (see arrows) - the last time Bitcoin Daily RSI was sold out was mid August 2023. This is a significant event marking the bottom of the next fractal. #Bitcoin https://t.co/lxaXtcL1Rv
$BTC/usdt 4 hr oversold AF July idea LFG 🚀🚀 https://t.co/PhFFgYcLwL
$BTC/usdt 4 hr July idea LFG 🚀🚀 https://t.co/DsUa1gxvvw
Recent tweets from various users indicate that the Bitcoin daily RSI has reached low levels, with historical data suggesting a potential price increase. Previous instances of RSI hitting similar levels corresponded to Bitcoin prices around $25k-$26k. This current oversold condition has not been seen since August 2023, potentially signaling a significant market event.