#BTC Bitcoin Oversold on 1H RSI · LONG Setup · Higher High Ahead
When Bitcoin becomes oversold on the 1H RSI, price action typically reacts by pushing back toward resistance.
On the BTCUSDT 1H chart, paired with RSI, we can see this pattern clearly. The RSI dipped deep into oversold territory on December 1, and a price reversal followed shortly after. The same behavior occurred on November 21, when the RSI printed its lowest reading and kicked off a bullish wave.
So far, this signal has appeared only three times:
• 21-Nov
• 1-Dec
• 14-Dec (today)
Bitcoin has now entered oversold conditions again, suggesting a bullish continuation is likely next. Historically, once this signal appears, a reversal follows within hours—or at most within one to two days.
The current pullback is from the recent high of $94,586 set five days ago. Retracements at this stage usually last 3–5 days, with downside remaining limited. This looks like a healthy and shallow correction, presenting an attractive LONG entry opportunity ahead of the next bullish leg.
Namaste 🙏
✅ Trade here on $BTC
