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Bitcoin is testing a level that has defined every major cycle since 2014.


The monthly chart shows BTC once again touching the lower boundary of its long term rising channel while the 14M RSI sits near 44, a zone that has previously marked major bottoms in 2015, 2018, 2020 and 2022.
If history rhymes:
• Price is sitting on multi cycle trend support.
• Monthly RSI is approaching historically oversold levels.
• Long term holders continue accumulating while exchange balances remain near multi year lows.
• Institutional demand through spot Bitcoin ETFs has fundamentally changed this cycle's supply dynamics.
None of this guarantees an immediate reversal.
But when technical support, historical RSI behaviour and supply side fundamentals align, it's usually a signal to pay closer attention rather than panic.
The biggest opportunities often appear when sentiment is weakest.
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