Bitcoin has reached its most oversold level against gold in three years, with the BTC/gold ratio's 14-day Relative Strength Index (RSI) at 22.20, indicating significant selling pressure. Despite this, Bitcoin's price against the US dollar is nearing the $100,000 mark, with critical support levels identified at the 200-day Simple Moving Average and the expanding channel's lower boundary at $99,500.
Bitcoin Reaches Most Oversold Level Against Gold in Three Years
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