Bitcoin has closed below the 21-day simple moving average (SMA) on the 2-week chart, marking a significant technical event not seen in years. The Relative Strength Index (RSI) has dropped to historically oversold levels, comparable to those in 2015, 2018, 2020, and 2022. Additionally, the Stochastic RSI remains below key thresholds, suggesting potential for further price movement before a new trend emerges. Traders are now focusing on the 2021 support levels, which are crucial for determining the next major trend shift.