BTC Bounce Back Soon ?

The Relative Strength Index is oversold on the Weekly Frame, knowing that the last time Bitcoin was oversold was in 2020 and we know what happened after that.

This might give us a nice bounce in the short term , nevertheless I'm still bearish.


Not a Financial Advice

Comment:

I had to mention that BTC in med term looks more bearish, while of course it's gonna be Bullish in Long Term
Take a look at my previous post