Bitcoin was oversold more than ever before it jumped – could bears soon get wrecked through liquidations?

Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC's price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.7. BTC has risen to above […] The post Bitcoin was oversold more than ever before it jumped – could bears soon get wrecked through liquidations? appeared first on CryptoSlate.