Bitcoin's RSI is in extreme oversold territory. Every time it reaches this level, it bounces back. And now check out the Business Cycle below. At absolute lows. Every time the economic cycle hits bottom, Bitcoin bounces.
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Look at this chart.
Bitcoin's RSI is in extreme oversold territory. Every time it reaches this level, it bounces back.
And now check out the Business Cycle below. At absolute lows. Every time the economic cycle hits bottom, Bitcoin bounces.