Chris_Inks

Bitcoin's 12-year history of weekly oversold RSI

BNC:BLX   Bitcoin Liquid Index
For what it's worth, every time Bitcoin's weekly RSI has reached oversold it has marked the bottom of the bear market and ushered in a new bull market. The weekly RSI has only reached oversold twice before - January 2015 and December 2018. So, it's a rare occurrence signaling that either the cycle top is in this time, or we've still got a new ATH coming. Do with this info what you wish.

The orange line is the weekly 200 MA.
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