#Bitcoin Local Bottom Forming? ๐
Daily RSI just hit oversold territory. Last times, when this happened or came close, #BTC was at or near a local bottom.
Will this time be any different? ๐ค
#Bitcoin daily RSI has dipped into the oversold zone once again.
Historically, every time this has happened in the current cycle, itโs proven to be a prime accumulation opportunity.
#Bitcoin Breakout Attempt ๐
#BTC is testing the blue line of the Power Law Corridor. With the monthly close just 6 days away, this could be the time it breaks through.
Keep an eye on it.
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