@siddharthvyas18 on BTCUSD | PriceONN Community

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siddharthvyas18 PRO newbie
BTCUSD Feb 24
What are everyone's thoughts on the current RSI? At 32.2, it's heavily oversold, but the price action isn't showing a strong reversal yet. Are we expecting a dead cat bounce around the 65000 level before further downside, or is this the start of a deeper correction? Keen to hear some opinions!
BTCUSD

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siddharthvyas18 PRO newbie Feb 24
Update: I'm also watching the Bollinger Bands closely. The lower band is at 63917. A break below that could signal further bearish momentum. Let's see how it plays out!
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