Is Bitcoin Repeating History? The Brutal Signal You Cannot Ignore
Market data indicates that Bitcoin (BTC) has reached a critical technical juncture, with the Weekly Relative Strength Index (RSI) hitting its most oversold level since several historic market bottoms. Specifically, current momentum readings mirror the extreme conditions observed during the conclusion of the 2018-2019 bear market, the localized March 2020 liquidity crash, and the final capitulation phase of the 2021-2022 cycle.
The asset is currently one month into a period that historically requires up to six months of consolidation or structural lower lows before a definitive reversal. While the immediate price action remains suppressed, trading below the 50-week Moving Average (WMA) at approximately $102,000, this rare RSI oversold condition has traditionally signaled the optimal window for strategic long-term accumulation. Investors should prepare for extended sideways movement as the market flushes out remaining leverage before the next macro expansion phase. $BTC

