Part 5/10:
On the technical side, Bitcoin’s weekly RSI (Relative Strength Index) is at its most oversold level since the end of the 2018-2019 bear market. Those who experienced that dip recall it as a great buying opportunity—a 50% correction from $7,500 down to approximately $3,500.
Similarly, after the 2022 bear market, savvy investors saw Bitcoin drop below $20,000, signaling a potential bottom. The analyst cautions that nobody can precisely predict short-term movements, but the long-term trajectory remains strong, with targets exceeding $1 million per Bitcoin within the next 5-10 years.