#بيتكوين At peak selling: Relative Strength Index reaches 35
The currency #Bitcoin has entered the oversold zone, as the Relative Strength Index (RSI) has dropped to 35 for the sixth time in its history.
Historically, there have been significant rebounds when the Relative Strength Index falls between 25 and 35, placing #البيتكوين within this critical range.
The current pattern resembles the market crash in March 2020, where the Relative Strength Index reached its lowest at 33, just below the current level of 35.
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BasheerAlgundubi
· 11-23 13:49
Bitcoin في ذروة بيع: Relative Strength Index يصل إلى 35
#بيتكوين At peak selling: Relative Strength Index reaches 35
The currency #Bitcoin has entered the oversold zone, as the Relative Strength Index (RSI) has dropped to 35 for the sixth time in its history.
Historically, there have been significant rebounds when the Relative Strength Index falls between 25 and 35, placing #البيتكوين within this critical range.
The current pattern resembles the market crash in March 2020, where the Relative Strength Index reached its lowest at 33, just below the current level of 35.
Fear does not last, but conviction prevails.
#ETHBreaksATH #BTCVolatility
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