3 Week RSI got wayyyy too overextended, last time this happened in this fashion was May 30, 2016, where a 40% correction followed & it took 189 days to get back to price discovery above the May 2016 High
However, the selloff ended 63 days later, which means today the selloff could continue until May 2024
$45K -
49K
is also a strong level of support for BTC near term speaking to watch out for
However, the selloff ended 63 days later, which means today the selloff could continue until May 2024
$45K -
49K
is also a strong level of support for BTC near term speaking to watch out for