Bitcoin's RSI just hit levels we haven't seen in a while. Here's what caught traders' attention: the last 5 times BTC's RSI dipped to these lows, the asset went on absolute tears—each time delivering roughly 100% gains. Looking at the pattern, markets tend to shift dramatically from these extreme oversold conditions. Analysts are now eyeing $180,000 as the next major price target if this historical precedent holds. Whether it plays out exactly as before remains to be seen, but the technical setup is definitely worth monitoring closely.

BTC-0.35%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
GateUser-74bfe829vip
· 16h ago
yeah
Reply0
GateUser-eb318ca8vip
· 16h ago
https://www.gate.com/campaigns/3616?ref=UgIXVA1c&ref_type=132
Reply0
MetaverseLandlordvip
· 23h ago
Another dream of 100% doubling? Wake up everyone.
View OriginalReply0
APY_Chaservip
· 12-21 08:44
The same old trap of history is repeating itself again, it's getting so repetitive that my ears are calloused.
View OriginalReply0
TokenDustCollectorvip
· 12-21 08:40
Will history repeat itself? This time, I really dare not bet.
View OriginalReply0
WhaleMistakervip
· 12-21 08:38
Will history repeat itself? To be honest, it's a bit uncertain, but this RSI does have something to it.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)