🔗 Crypto & Blockchain

Bitcoin's RSI Deja Vu: Mirroring the 2022 Bear Trap Perfectly

Ever wonder if Bitcoin's pain is about to flip to glory? Charts show its RSI tracing the exact path from the 2022 bear pit.

Bitcoin stochastic RSI chart overlay comparing 2022 bear market end to current patterns

⚡ Key Takeaways

  • Bitcoin's stochastic RSI is nearly perfectly mirroring the 2022 bear market bottom patterns. 𝕏
  • Double bottoms in late Jan/March echo 2023's setup for a major rebound. 𝕏
  • Watch for RSI clearing 50 and weekly divergence as key bull confirmations. 𝕏
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Originally reported by Cointelegraph

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