Looking at Bitcoin's recent weekly chart, the RSI indicator has already reached a quite extreme oversold level. Speaking of this position, we need to go back to several key historical moments: the end of the 2018 bear market, the COVID-19 crash in 2020, and the tail end of the 2022 bear market.



Here's the key point — I am not saying that the bottom is about to appear. Frankly, we could still drop another 40%, and no one can say for sure.

A look at the historical record makes this clear. The last time BTC was in such an oversold state was in 2018, after which it plunged another 49%. In 2022, the same situation occurred, and it continued to fall by 58%. That’s the problem.

The formation of a bottom is often longer than people imagine, and the pain involved can be even deeper. The market always reminds us through action that patience and risk awareness are equally important.
BTC-0,72%
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GweiTooHighvip
· 2025-12-21 01:55
Here comes the RSI oversold routine again. History will repeat itself but not duplicate. This time, it's truly different.
View OriginalReply0
AlwaysMissingTopsvip
· 2025-12-19 03:42
Here comes the overselling trick again; history just loves to repeat itself.
View OriginalReply0
MEVHunterNoLossvip
· 2025-12-18 08:42
I see this RSI indicator, it's really fierce. History often repeats itself; the last time it dropped by 49%. Who dares to say it won't happen again this time? --- A 40% decline? Sounds unbelievable, but looking at the books, it's just that brutal. --- Those who can't endure are cutting losses near the bottom, this is the art of the market. --- It's oversold again, and I feel like my psychological endurance is also oversold. --- The bottom is like a ghost; the more you rush to find it, the further it seems to be from you. --- I still remember the 58% drop; not everyone can wait for the rebound day. --- Risk awareness is easy to talk about, but when it really hits hard, you understand what patience means.
View OriginalReply0
ILCollectorvip
· 2025-12-18 08:37
Oversold again, but I think it still needs to fall. History is always teaching us lessons.
View OriginalReply0
SocialFiQueenvip
· 2025-12-18 08:35
It's the same old "history will repeat itself" argument again. It's true, but what can we do? It still has to fall if it’s going to fall. Wait, can it drop another 40%? I've already taken off my pants, and you're telling me this. We've gone through the stories of 2018 and 2022. If 2025 continues like this, it's really hopeless. Speechless, waiting for the bottom again. Who knows where the bottom is? This guy's analysis isn't wrong, but just listen and don't take it seriously. Who can accurately pinpoint the bottom?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)