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📉 Bitcoin at its strongest oversold level since August 2023.
🔍 Technical indicators show that Bitcoin has reached its highest oversold level since the peak in August 2023.
👀 Historically, these levels often coincide with:
🔹 Weakening selling pressure
🔹 Approaching consolidation phases
🔹 Or the beginnings of a gradual trend reversal
⚠️ Timing remains crucial, but data suggests the market is at a high point of oversold territory.
$BTC
{spot}(BTCUSDT)