Bitcoin RSI Plunges To 'Oversold' Level Not Seen Since $60K

Jan 8, 2025 · The RSI fell from a high of 81.7 on Jan. 6 to a low of 16.6 on the hourly chart, marking a rapid shift from “overbought” to “oversold” in just 24 hours. Such a low RSI level …

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Bitcoin RSI Plunges To 'Oversold' Level Not Seen Since $60K

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benzinga.com

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Bitcoin Hourly RSI Falls To Most 'oversold' Since $60K BTC Price

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Jan 8, 2025 · Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price . ... “1-hour Bitcoin RSI is at 16 and 4-hour almost completely reset,” commentator Bitcoin Munger reported in a …

cointelegraph.com

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Bitcoin Hourly RSI Falls To Most 'oversold' Since $60K BTC Price

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On the hourly chart, RSI fell from local highs of 81.7 on Jan. 6 to three-month lows of just 16.6 a day later. Such a rapid decline is a rare occurrence, taking BTC/USD from “overbought” to ...

msn.com

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Bitcoin Hourly RSI Falls To Most 'overbought' Since $60K BTC Price

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Jan 8, 2025 · “1-hour Bitcoin RSI is at 16 and 4-hour almost completely reset,” popular commentator Bitcoin Munger reported in a post on X while observing inflows to the US spot …

tradingview.com

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Bitcoin Hourly RSI Falls To Most 'oversold' Since $60K BTC Price ...

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Bitcoin's RSI has plunged to rare oversold levels, not seen since the $60K price days in early October, reflecting bearish sentiment.

blockchair.com

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Bitcoin Hourly RSI Falls To Most 'oversold' Since $60K BTC Price

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Jan 8, 2025 · BTC price weakness has an instant impact on RSI, which crashed to "oversold" levels not seen since early October. Continue reading Bitcoin hourly RSI falls to most …

advfn.com

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Bitcoin Could Crash To $40,000, According To Trading Expert - Finbold

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Notably, on January 8, Bitcoin’s Relative Strength Index on the hourly chart plummeted to its most oversold level since the cryptocurrency reached $60,000. This drop indicates that Bitcoin is …

finbold.com

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Bitcoin Will Hit $1.5M By 2035, Says Analyst Who Called 2024 Bounce

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6 days ago · Bitcoin has a fresh long-term BTC price target of $1.5 million by 2035. ... Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price. ... “If that level doesn’t hold, then I …

cointelegraph.com

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Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator …

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Aug 22, 2023 · The 14-day RSI has dropped to lowest since March 2020. (TradingView/CoinDesk) Bitcoin changed hands at $26,000 at press time. Prices fell over 10% …

yahoo.com

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BTC Price Falls To $34K As Bitcoin RSI Reaches Most ‘oversold’ Since ...

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Jan 22, 2022 · “A bit more reliable than Bitcoin alone -> total market capitalization is at next level of support, while the daily RSI hits the lowest level since March 2020,” Cointelegraph …

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Bitcoin Hourly RSI Plunges To Most Oversold Level Since The …

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Bitcoin’s hourly Relative Strength Index (RSI) has fallen to its most “oversold” levels since the $60,000 mark. This sudden plunge in the instrument’s technical indicator has sparked …

tradingonramp.com

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Bitcoin Will Hit $1.5M By 2035, Says Analyst Who Called 2024 …

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Related: Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price Some still see a high probability of a deeper BTC price correction, and targets extend all the way back to near old all ...

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Bitcoin Hourly RSI Falls To Lowest “Oversold” Level Since $60K

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6 days ago · The weakness in BTC price had an immediate impact on the RSI, causing it to drop to "oversold" levels not seen since the beginning of October.

coinengineer.net

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Bitcoin RSI Plunges To 'Oversold' Level Not Seen Since $60K, …

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Jan 8, 2025 · Following a sharp decline in Bitcoin’s (CRYPTO: BTC) price, a key metric has hit its lowest level in several months, leading to expectations of a short-term recovery. At the time of …

sahmcapital.com

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Bitcoin Hourly RSI Falls To Most 'oversold' Since $60K BTC Price

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Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price ... Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price cointelegraph.com 18 m cointelegraph.com. Download the …

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FAQs about Bitcoin RSI Plunges To 'Oversold' Level Not Seen Since $60K Coupon?

Does bitcoin tanking 5% in a day affect RSI?

Bitcoin tanking 5% in a day has had serious implications for low-timeframe RSI. On the hourly chart, RSI fell from local highs of 81.7 on Jan. 6 to three-month lows of just 16.6 a day later. Such a rapid decline is a rare occurrence, taking BTC/USD from “overbought” to “oversold” in 24 hours. ...

Will a bitcoin price metric sink to a low RSI?

Bitcoin (BTC) traders expect a short-term bounce as one BTC price metric sinks to its lowest levels in several months. Data from Cointelegraph Markets Pro and TradingView reveals deeply “oversold” conditions on the BTC/USD relative strength index (RSI). Bitcoin tanking 5% in a day has had serious implications for low-timeframe RSI. ...

Is bitcoin RSI resetting?

“1-hour Bitcoin RSI is at 16 and 4-hour almost completely reset,” popular commentator Bitcoin Munger reported in a post on X while observing inflows to the US spot Bitcoin exchange-traded funds (ETFs). Despite making new local lows on Jan. 8, RSI contrasted with the spot price downtrend — a deviation that classically precedes price relief. ...

Is BTC due to a RSI overreaction?

With the latest comedown, traders thus quickly suggested that BTC price was due for an upward relief bounce in the face of an RSI overreaction. “1-hour Bitcoin RSI is at 16 and 4-hour almost completely reset,” popular commentator Bitcoin Munger reported in a post on X while observing inflows to the US spot Bitcoin exchange-traded funds (ETFs). ...

Will BTC reach RSI (5) oversold point?

“Bitcoin #BTC $BTCUSD has reached the next RSI (5) oversold point on the 6-hour chart…,” trader and portfolio manager David Cox continued about other low-timeframe RSI readings. As Cointelegraph reported, bearish BTC price targets remain in circulation in the run-up to the inauguration of US President-Elect Donald Trump. ...

Is RSI compared to spot price downtrend?

Despite making new local lows on Jan. 8, RSI contrasted with the spot price downtrend — a deviation that classically precedes price relief. “Bitcoin #BTC $BTCUSD has reached the next RSI (5) oversold point on the 6-hour chart…,” trader and portfolio manager David Cox continued about other low-timeframe RSI readings. ...