The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads.
Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next
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AI INSIGHT
Bitcoin's Relative Strength Index falls to 17 on Feb. 5, 2026; only readings at the 2018 bear-market bottom and the March 2020 COVID crash were lower.
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