Bitcoin May Be Building a Bottom as RSI Nears Oversold Zone

[madtrader]

Trader Mister Crypto says Bitcoin could be preparing for a relief rally into the $100K–$110K range. He points to the weekly RSI approaching 30—historically a bottoming signal—along with signs that large traders are opening new long positions during extreme fear, often a precursor to short-term reversals.

[Nahid Hossen]

BTC nearing oversold RSI often marks a key bottoming phase.