You can see from the chart below how low Bitcoin's daily RSI value is and, therefore, how it has become a good opportunity for long-term spot buying.
The last time the RSI was this low was 2.5 years ago.
I also don't think we are in a bear market since Bitcoin dominance is high. Bitcoin should reach a new peak next year.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
You can see from the chart below how low Bitcoin's daily RSI value is and, therefore, how it has become a good opportunity for long-term spot buying.
The last time the RSI was this low was 2.5 years ago.
I also don't think we are in a bear market since Bitcoin dominance is high. Bitcoin should reach a new peak next year.