Daily RSI has only been lower twice in the last 6 years.


- Feb 6th
- COVID lows
Each time Bitcoin was making large new lows.
COVID was a 50% daily drop.
But Bitcoin hasn't made new lows this time... yet.
Regardless, this is massive selling pressure without making fresh lows.
And the other two times marked the bottom.
This has been another huge unwind.
BTC-5.94%
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