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Bitcoin Oversold, Violent Upside Possible

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gwolf666

gwolf666

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An indicator showing Bitcoin as the third most oversold ever, with violent upside possible, is striking. Personally, I think it reflects the extremes of crypto cycles. What surprises me is the scale of overselling. For me, the most important aspect is opportunity—extremes often precede reversals. I believe this setup will attract bold traders. In the end, overselling is not just weakness, it is potential energy.
 
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