Bitcoin heavily oversold. RSI likely to bleed lower and bounce, as it suggests we're at a local low (see 2018 bottom out, 2020 crash, and May 2021 selloff).
Comment:
Forgot to mention I believe $BTC will retest $30K support, then bounce. FED taking action on interest rate rhetoric, and how Russia responds to Western rhetoric (will they invade Ukraine?) the macro factors to consider that will negate a $30K bounce.