$BTC
📉 $BTC RSI BELOW 30: History Says This Is Where Fortunes Are Made
Bitcoin just flashed its most oversold reading since the FTX collapse. But here's what the panic sellers don't understand...
📊 THE TECHNICAL REALITY:
• RSI: 28 (Deeply oversold - mean reversion likely)
• Support Zone: $73K-$75K (Tested 3 times, held 3 times)
• 61.8% Fibonacci: $74,200 (Exact current level)
• On-Balance Volume: Still bullish structure
🧠 PSYCHOLOGY CHECK:
When RSI < 30 + Price at key support = Smart money accumulates
When Retail panics = Institutions buy
💡 MACRO CATALYSTS:
• Spot ETF inflows resuming (BlackRock buying dips)
• Halving supply shock still unfolding
• M2 Money Supply expanding (liquidity returning)
⚠️ SCENARIOS:
🟢 Bull: Bounce to $82K-$85K (relief rally)
🟡 Base: Chop $73K-$78K (accumulation)
🔴 Bear: Break $73K = $68K-$70K (final capitulation)
🎯 MY STRATEGY:
I'm DCA'ing every 5% drop. $74K is generational buying territory. Not financial advice.
💬 Are you buying this dip or waiting for lower?