Why Bitcoin price could fall below $62,000 despite oversold conditions

Bitcoin ETF outflows remain negative for 11 straight days, pressuring BTC. $749 million in liquidations have accelerated the Bitcoin price drop. RSI below 18 shows oversold conditions, but trend stays bearish. Bitcoin (BTC) has been under sustained pressure, trading around the $63,548 level after a sharp multi-week decline that has erased a large portion of […] The post Why Bitcoin price could fall below $62,000 despite oversold conditions appeared first on CoinJournal.