Bitcoin Is as Oversold as Past Bear Market Bottoms 🤯
Multiple indicators are flashing extreme oversold conditions. From deeply depressed RSI readings to energy oscillators hitting levels seen only at major historical bottoms, #Bitcoin is once again aligning with setups last observed in 2015, during the #COVID crash, and at the depths of the 2022 crypto winter.
At the same time, a golden cross is beginning to form — a classic trend-reversal signal where longer-term momentum starts to overtake the downtrend. While golden crosses don’t mark the exact bottom, historically they appear near the end of selling pressure, often before sustained upside momentum returns.
If history rhymes, this type of alignment doesn’t resolve with a slow bleed lower. It resolves with a momentum shift once selling exhausts and confidence flips.
The patience phase may not be over yet — but the conditions for the next major move higher are quietly locking in. 🚀
#bitcoinnewstoday #Bitcoinanalysis #Goldencross $BTC
