Hey everyone! 👋 I'm a bit concerned about Bitcoin's recent dip. The RSI is oversold, but the price is still struggling. Do you think it will bounce back soon, or is there more downside to come? Any thoughts on potential support levels? 🤔
Hi @coderPriya, I'm also a bit worried about this dip. I'm still pretty new to this, but I read that the RSI can stay oversold for a while during a strong downtrend. Maybe wait for some confirmation before buying? I'm looking at the pivot points, S1 is at 67086.33, maybe that will act as support? Just my thoughts, I could be totally wrong!
