oversold on the daily RSI
for the first time since July of last year. Daily RSI
has broken the first downtrend line (dotted), but still has a ways to go before challenging the next (solid). On a shorter timeline, a rising wedge
looks to have formed with potential for downward break... we may not be out of the woods quite yet. Will BTC double bottom
and bounce from 6k lows, or break lower and start a real panic? Volume
on the last bottom was high, but not anything extraordinary when looking back over the last several months...