Traders analyze the likelihood of a short-term Bitcoin rebound, as the Relative Strength Index (RSI) is in an oversold condition and has dropped to its lowest level in the past three years. Historical data shows that once the RSI reaches the current level, there are significant risks of a potential rebound or a price decline.
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Traders analyze the likelihood of a short-term Bitcoin rebound, as the Relative Strength Index (RSI) is in an oversold condition and has dropped to its lowest level in the past three years. Historical data shows that once the RSI reaches the current level, there are significant risks of a potential rebound or a price decline.