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#比特币市场分析 I just saw an analyst say that Bitcoin might rise to $170,000 within three months, and I was completely stunned😳. I heard before that Bitcoin dropped from over 120,000 to over 80,000, and I thought it would keep falling. I didn't expect this to actually be a sign of a rebound?
After watching for a while, I finally understood that the RSI indicator falling below 30 indicates an "oversold" condition. This has happened five times in history, and each time Bitcoin has gone up afterward. If this time is the same, there’s a real possibility of a big surge! Plus, major institutions are entering with ETFs, so it feels like the entire market might really be coming in 2026?
But I’m still a bit confused—why is there such severe selling now? It seems to be because investors are afraid that the four-year cycle has arrived, along with the previous market crash. So, if everyone stops panicking, can the market rebound? It sounds like we need some patience😅
Can experienced traders explain to newcomers whether now is the time to position or to continue observing? The more I learn, the more problems seem to arise.