๐จ BREAKING: Bitcoinโs RSI is currently hitting a 3-year low against Gold, signaling a critical potential pivot point for the market. $BTC
Data shows the weekly RSI has dropped to 29.5โa rare "oversold" level typically seen only at major cycle bottoms, suggesting a massive recovery phase is currently building. $XAU
Technical analysts warn this is a "make-or-break" moment; a bounce from here would confirm BTC is severely undervalued against traditional assets, but failure could lead to a deeper correction. $XRP
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๐จ BREAKING: Bitcoinโs RSI against Gold has fallen to a 3-year low, signaling a potential major market pivot.
๐ Weekly RSI is now at 29.5, an extremely rare oversold level historically seen near cycle bottoms.
๐ This setup often precedes a strong recovery phase. Analysts say this is a make-or-break zone for BTC.
โ A bounce would confirm Bitcoin is deeply undervalued versus traditional assets like Gold.
โ Failure could open the door to a deeper correction.
