Bitcoin
Just sharing the data. This does not mean BTC can't go lower, and yes I totally cherry picked the 9H timeframe, but at the end of the day, It is still DATA - not narrative -which is all I see out there.
The 9H RSI has been this oversold only 3 other times in the last 3 years.
2/3 occurrences led to a boring 2-3 month sideways accumulation chop period before exploding off the lows. Whats interesting about the timing and similarities is that if It were to occur here, It would line up almost perfectly with the classic 4 year cycle bottom timing.
1/3 was a pretty vicious V shape reversal. Least likely imo and not banking on this, but hey its in the data ๐คท๐ปโโ๏ธ