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🔴 BTC Is More Oversold Than in 2023… What Comes Next⁉️
I’m looking at BTC’s daily RSI and honestly, this is the most oversold we have seen since 2023. That usually doesn’t mean “instant bottom”, but it does mean we are getting close to a zone where smart money starts paying attention.
What I’m watching right now:
$68K as the first serious demand area. Momentum is still bearish: MACD is deep in the red and price is below key averages, so I’m not calling a reversal yet.
Oversold increases the odds of a reaction, but the bottom usually forms with multiple tests, not one clean touch. Curious where others are seeing the bottom 👀
$BTC
#CryptoMarketPullback