Bitcoin has never been more oversold than it is right now, technically
Sure bitcoin has been lower, it's been a lot lower...
But, from a technical perspective, the price has never been more oversold.
Check out where the current money flow indicator is:
(Source: https://twitter.com/StockmoneyL/status/1596772628991442945/photo/1)
It's well below the line where it previous found support in the prior 3 bear markets.
This likely means we are very close to a bottom, if not already there.
But, this time is different right?! They are all different until they are not...
Upvoted! Thank you for supporting witness @jswit.
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SALUDOS, NO CREAS NO HA TOCADO FONDO, SI NO HAS VISTOS OTRAS MONEDAS SE HAN FORTALECIDO, SOLO PUEDO DECIR QUE ESTO NO HA TERMINADO.
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I think the only way for bitcoin to go is up from here.
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