BTC/USD (and crypto market as a whole) is oversold now

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
During Dec 2 - Jan 12 we were in crazy town... we are currently in the over-sold region. The question is, will the market over compensate and be crazy pessimistic to balance out the over exuberance during Dec - Jan 12.

What do you think?


I think we will see a short-term increase in price
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