Just checked the RSI on Bitcoin and it's looking pretty extreme right now. We're talking about one of the most oversold readings we've ever seen on the indicator - only happened a couple times in the past. You know what usually follows these kind of RSI bottoms? Pretty violent bounces. The market doesn't usually stay this stretched for long. Not saying it's a guaranteed trade setup, but historically when RSI gets this beaten down, the pressure builds for a reversal move. Interesting spot to be watching. Some traders are already eyeing this as a potential entry point, especially with RSI screaming oversold like this. Could get spicy if the selling finally exhausts itself.