Rainboy

HOPIUM for Bitcoin
The bottom is in for now, and we are due for a relief rally soon unless stocks crash hard.
Bitcoin is now retesting the previous all-time high from 2021, which last time marked the bottom for BTC.
In 2022, BTC tested the 2017 ATH of $19,800, dipped below to $15,400, and then formed the bottom.
We are seeing the same pattern again: we just went below the 2021 high of $69,000 and tested the $60,000 level.
So the bottom is likely in and we should bounce, but if stocks dump hard, BTC can go lower.

BITCOIN JUST MADE HISTORY.
But it's not something we all wanted.
Bitcoin weekly RSI has just reached its lowest level in history.
- Lower than tariffs Crash
- Lower than the FTX crash
- Lower than the Covid Crash
- Lower than the 2018 bottom
- Lower than the Mt. Gox hack
This means, in the history of Bitcoin, it has never been this oversold.