Categories: Bitcoin Latest News

Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next

The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

The v2 Transport: Bitcoin P2P Traffic Goes Dark

Bitcoin Magazine The v2 Transport: Bitcoin P2P Traffic Goes Dark For nearly 15 years, all…

34 minutes ago

JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term

Bitcoin Magazine JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term Bitcoin’s…

34 minutes ago

Summer of Bitcoin 2026 Opens Applications for University Students Worldwide

Bitcoin Magazine Summer of Bitcoin 2026 Opens Applications for University Students Worldwide Summer of Bitcoin…

3 hours ago

Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential Exemption

Bitcoin Magazine Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential…

3 hours ago

Sovcombank says it’s the first Russian bank to offer bitcoin-backed loans to public

Larger rival Sberbank beat Sovcombank to the punch, but it's still running as a pilot…

4 hours ago

Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets

Ahead of the fourth-quarter earnings report tonight, shares are down another 13% as bitcoin falls…

4 hours ago