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

CoinDesk
Oliver Knight @ CoinDesk · 02/05/2026 14:34 EDT

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.

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