Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next

According to a particular analytical indicator, Bitcoin has reached a point where it is now classified as the third most oversold asset in its history. Based on this assessment, there is a strong possibility that a dramatic upward price movement could occur in the near future, indicating potential bullish trends for the cryptocurrency. This suggests that, following this extreme overselling, investors might soon see significant gains as market conditions shift. source: https://www.coindesk.com/markets/2026/02/05/bitcoin-is-the-third-most-oversold-ever-says-one-indicator-and-violent-upside-could-be-next