Thursday, February 5, 2026

Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next

The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads.

source https://www.coindesk.com/markets/2026/02/05/bitcoin-is-the-third-most-oversold-ever-says-one-indicator-and-violent-upside-could-be-next

No comments:

Post a Comment

FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses

While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses...