Bitcoin has once again made history — but this time no one wants to watch

The weekly RSI for Bitcoin has just dropped to its lowest point ever.

This wave of selling has pushed the indicator into the oversold zone, but the market hasn’t held back, continuing to slam.

Looking for a reference? Those past big black swan events — Mentougou, the bottom of the last bear market, the COVID crash, FTX explosion — have all been trampled underfoot. It's worse now than it was back then.

There are only 3000 dollars left to the major support below. Will it hold this week, what do you guys say?