$BTC has retested the 200-week SMA.
Market sentiment has collapsed, daily candles are deeply oversold, and short liquidations are heavily skewed at $14B versus just $600M.
Looking for a potential V-shaped recovery?
Here's the playbook:
1. RSI closes in the 20s on Friday at 4 PM PST.
2. RSI moves into the 30s on Saturday.
3. RSI reaches the 40s on Sunday.
A gradual RSI recovery could signal a shift in momentum. #BTC Price Analysis# #Macro Insights#
Market sentiment has collapsed, daily candles are deeply oversold, and short liquidations are heavily skewed at $14B versus just $600M.
Looking for a potential V-shaped recovery?
Here's the playbook:
1. RSI closes in the 20s on Friday at 4 PM PST.
2. RSI moves into the 30s on Saturday.
3. RSI reaches the 40s on Sunday.
A gradual RSI recovery could signal a shift in momentum. #BTC Price Analysis# #Macro Insights#
