$BTC if I had to guess, the price will bottom around the time weekly RSI gets to 24 or 25 area, with more time below 30 than last cycle

Alistair Milne
@alistairmilne
02-01
Only three times has the weekly RSI for Bitcoin been lower:
- Jan 2015 (post Mt Gox bear market)
- Nov&Dec 2018 (bitcoin fell from ~6000 to ~3000)
- June 2022 (FTX / Luna)
... and we don't even know why we're here

Remember, we don’t buy oversold, we buy when RSI leaves oversold territory
Video on RSI overbought/oversold
RSI videos:
Overbought/oversold youtu.be/53E1p75nass
RSI overview
$BTC weekly RSI beginning to breach 30
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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