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.
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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.