Bitcoin has never been more oversold on the monthly chart

in bitcoin •  3 years ago 

Monthly RSI at lowest levels ever

This selloff has been historically bad.

Not in terms of overall drop, but in terms of speed of drop...

image.png

(source: https://twitter.com/rovercrc/status/1537843514733568001/photo/1)

Seems like it's almost time to buy the dip.

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3 years ago by

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      ·  3 years ago (edited)

    I think it will keep dipping until fed rates come down

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      1 vote
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        ·  3 years ago 

      Your post was upvoted and resteemed on @crypto.defrag

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        [-]
          ·  3 years ago 

        Upvoted! Thank you for supporting witness @jswit.
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