Bitcoin has technically never been this oversold

in #bitcoin • last year (edited)

Bitcoin has never been more oversold than it is right now, technically

Sure bitcoin has been lower, it's been a lot lower...

But, from a technical perspective, the price has never been more oversold.

Check out where the current money flow indicator is:

image.png

(Source: https://twitter.com/StockmoneyL/status/1596772628991442945/photo/1)

It's well below the line where it previous found support in the prior 3 bear markets.

This likely means we are very close to a bottom, if not already there.

But, this time is different right?! They are all different until they are not...

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last year in #bitcoin by
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     last year 

    Upvoted! Thank you for supporting witness @jswit.

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       last year 

      SALUDOS, NO CREAS NO HA TOCADO FONDO, SI NO HAS VISTOS OTRAS MONEDAS SE HAN FORTALECIDO, SOLO PUEDO DECIR QUE ESTO NO HA TERMINADO.

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         last year 

        I think the only way for bitcoin to go is up from here.

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