Bitcoin's 'RSI' screams oversold. Here is what it means

Bitcoin's Relative Strength Index (RSI) is currently indicating that the cryptocurrency is in an oversold condition, suggesting that its price may have fallen too quickly or too far in recent trading sessions. This technical analysis tool is commonly used by investors and traders to assess whether an asset is overbought or oversold, and an oversold reading could imply that there may be a potential for a price rebound or reversal in the near future. Here is a detailed explanation of what this means in the context of Bitcoin's market dynamics and trading strategy. source: https://www.coindesk.com/markets/2026/02/04/bitcoin-s-rsi-screams-oversold-here-is-what-it-means