🔔 BITCOIN JUST SURVIVED ANOTHER BLACK SWAN?

Chart Bitcoin’s weekly RSI dipped into the 25 to 40 oversold zone for just the 6th time in history, a setup increasingly similar to the 2020 Black Swan bottom. 🤯

$BTC bottomed at 35 RSI and has now exited the blue zone at 41.5.

On an oversold basis, $80,600 matched the severity of the 2020 crash. #Bitcoin #BTC #RSI

BTC

86,011.53

-2.68%