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When BTC fell from $1175 to $166 (86%) it marked the first oversold RSI (sub 30) on the weekly chart in its history. It grew from there after bottoming out for a few months. Oversold RSI sub 30 not happened since. We’re approaching a similar level now - RSI is currently 31. Price likely needs to get to $28/900 to match and begin bottoming process. This little rally will likely dump. <a href="/markets/btc" class="e-link">$BTC</a> <a href="/markets/xrp" class="e-link">$XRP</a> <a href="/markets/ethereum" class="e-link">$ETHEREUM</a> ... Show More