1 day RSI: 24 OVERSOLD
1 week RSI: 23 OVERSOLD
1 month RSI: 41 OVERSOLD
Bitcoin is literally the most oversold it's ever been and bobo's have the audacity to scream sub 15k?? HAHAHA
Can't wait to hear the bobo cope comments.
It gives me great pleasure knowing that Bitcoin may once again slip into the forgotten and give me a chance to make it for real next bull run.
>b -b -b-b-b b-b-b bbbbb b-but there wont be another bull run!!!!!! because there... there just won't OKAY!
Kek. seems like that 'history repeats itself' logic only applies to certain circumstances when it benefits your point of view, isn't that right bobo?
Checked and based
your bot's broken
Chequed and baste
cope
Ok leddit spacing fag, enjoy losing more money then
Oversold just means its bearish, dumb fuck
oversold doesnt mean shit in a downtrend
This is unironic hopium. A billion dollar market isn’t going to respond to TA you nerd
bitcoin has not been through a recession yet
yes and it's priced in a recession already with -80% market wide drop while SPX barely dumped -20%
Assets don't have recessions populations do.
This. I'm so tired of hearing that retarded "oh crypto never went through recession hurrr" retarded shit. It's just the latest permabear delusion.
Means jackshit
What's the RSI for Luna?
bro we're in a recession. Normies are scared and don't want to buy your bag
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Unless you are leveraging long why would you care about timing the bottom? Just wait for the bull run to get steam ... crabbing earns you fuck all.
Regardless of long term expectations, BTC is for gamblers now. Hodlers get out.
Stupid homosexual. There is an incoming recession. No wants bitcoin dumbass.
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I just bought. Thanks for financial advice.
sauce on this picture
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This is the original I used
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Switch it with three heterosexual men with a little girl and hear the screeeeeching. No Asian please, they look like a burnt trainwhreck.
That's muscle and it's hot on older women
was sure it was from some porn
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It's from Trannies Training 7.
Checked lol
rsi? hello? hello? rsi? u still use rsi? why? hello?? why u still use rsi? you still using rsi why is this? are you new? are you new to trading so you use rsi? why? bitcoindashy? why??? why rsi on bitcoindashy? you must be new??
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Hey guys, bvttfvcker here. WAGMI.
Weekly RSI was 24 back when it was 27k.
Monthly RSI was 45 back when it was 27k.
Yet it still dropped 7k in a day. Curious.
I'll just make a bot that automatically buys whenever RSI crosses 30. I'm sure I will end up rich. How did noone else think of this?
FA>>>>T""""""A"""""""
>$0 worth commodity at $21k
>oversold
TA goes out the window when there are massive fundamental factors at play that affect the price. Can your TA predict what the rest of the year looks like for rate hikes and inflation? No? Then you should still be cautious.
This isn't a bad accumulation range though but get real friend
1 month RSI is not oversold. it never was below 44 in its whole history and here we are. imagine if it goes below 30, like it will during a macro bear market.
simple strategies like an oversold 1 week RSI will stop working eventually, and my guess is they stop this year.
> Always worked for decades
> It must NOW stop working because I said so.
Ah, nah.
>worked
How does it 'work'? As in, "hey guys, the RSI is oversold, you know what that means, right? It's illegal to sell your bitcoin - you can only buy bitcoin until the RSI says it's overbought and then we switch". RSI works like that?
Retard
It was overbought for over a decade.
Now it will be "oversold" for a decade.
It’s about to be oversold some more bro.
You sound desperate anon, losing much money?
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what you dont realize is that it can crab and recover then dump again
not saying it will but we aren't going to be flying upwards while everything dumps
not a bobo (as im not selling) just a realist
im expecting a lot of snip snip crab in the market from here on out .
But look at that dump to 30k.. It never pumped, it crabbed and dumped again
I love crypto and the possibilities it brings BIT
1)ETH and BTC are obsolete
2)They have no floor they can go to zero
3)You are new to this.
4)Lines on charts don't work, never did never will
5)If you don't REALLY understand tech then you are just gambling if you buy crypto
6)People into investing in stocks and crypto like me enjoy people like you because you give me your money
7)Thank you for playing goodbye