@ozil2023
#BITCOIN RSI IS FLASHING AGAIN
This chart shows Bitcoin price (black) vs 14-day RSI (red).
Every time RSI dropped below 30 (oversold):
- Panic peaked
- Selling pressure was exhausted
- BTC was near a local bottom
Look at 2022, 2023, 2024: same setup, same outcome: Rebounds followed.
Now RSI is back near oversold levels.
This doesn’t guarantee a bottom but historically, this has been a high-probability zone, not a top.
Risk/reward is shifting.
Confirmation comes from liquidity & macro.
If you haven’t followed me yet, you’ll regret.
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