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BTC is really low right now, like around 63100. RSI is showing super oversold, below 25. Usually that means it should bounce, right?
But the trend looks pretty bearish still. what do u guys think, is it a good time to consider a small long for a rebound or too risky?
@ganesh535 hey! I'm a bit confused, when I look at BTC right now it's actually super high, like almost 70k! And the RSI is showing really overbought, around 84. Are you maybe looking at a different time frame or something? It feels really bullish to me, not bearish at all! So maybe a long would be risky now? Just asking!
