Bitcoin Just Entered Extreme Oversold Levels And Analysts Predict New ATH Targets

Bitcoin (BTC) has entered an extreme oversold phase, with momentum indicators dropping to levels that historically signal market exhaustion and a trend reversal. Researchers tracking macro conditions and long-term price behavior say that the current drawdown reflects a reset in positioning, not the end of the bull market. Based on past recovery patterns, the analyst believes that Bitcoin could soon forge a path toward a new all-time high. Bitcoin Enters Extreme Oversold Territory Thomas Lee, Co-founder and Chief Investment Officer (CIO) of Fundstrat Capital, has flagged Bitcoin’s latest market condition as a key technical development source: https://www.newsbtc.com/news/bitcoin/bitcoin-extreme-oversold-levels/