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BNB logo
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4.90%
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SOL
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6.57%
USDC logo
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TRX
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0.46%
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DOGE
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4.39%
ADA logo
ADA
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4.98%
HYPE logo
HYPE
$37.60
7.39%
LINK logo
LINK
$17.96
5.13%
USDE logo
USDE
$1.0001
0.01%
BCH logo
BCH
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3.90%
XLM logo
XLM
$0.3221
4.89%
SUI logo
SUI
$2.6533
6.16%
AVAX logo
AVAX
$21.73
5.51%
WBT logo
WBT
$41.90
1.34%
LEO logo
LEO
$9.6332
0.08%
HBAR logo
HBAR
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5.68%
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Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold

RSI can stay oversold longer than dip buyers can stay solvent.

By Omkar Godbole
Updated May 11, 2023, 6:40 p.m. Published Jan 24, 2022, 8:45 a.m.
Bitcoin's daily chart RSI signals oversold conditions for the first time since May 2021. (TradingView)
Bitcoin's daily chart RSI signals oversold conditions for the first time since May 2021. (TradingView)