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

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