Bitcoin's speed RSI has fallen below 10, a level historically associated with market bottoms, according to BitJie. This momentum exhaustion indicator is at its lowest since the last three bear market cycles, suggesting a potential bottom similar to those in 2018 and 2022. Analyst On-Chain Mind noted this pattern, emphasizing its historical significance. Additionally, Bitcoin's long-short ratio has reached new highs, diverging from past trends and sparking concerns over possible forced liquidations.
Bitcoin's Speed RSI Signals Potential Market Bottom
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