Now it's happening once more. The data suggests Bitcoin is trading at a significant discount relative to Gold right now. Each time this signal has flashed, what followed was a substantial recovery. Whether history repeats or rhymes, the pattern speaks for itself.
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TokenVelocity
· 14h ago
Four RSI 30s? This time really is different, right? It feels like this magic number appears too frequently.
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TommyTeacher
· 14h ago
History is so magical, it has hit rock bottom once again.
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BearMarketBuyer
· 14h ago
Four times already? Will this time really be different, or are we just going to go through it again?
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GasWrangler
· 14h ago
nah, technically speaking... if you actually analyze the mempool data, this correlation breakdown is sub-optimal. three data points doesn't equal empirical proof, just saying.
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MetaMisfit
· 14h ago
Has RSI hit 30 four times? Can it really rebound this time, or will it be cut again?
Bitcoin against Gold just touched RSI 30 for the fourth time in history. Looking back, this technical level has marked every major bottom:
2015's bear market trough? RSI 30.
2018's crash bottom? RSI 30 again.
2022's capitulation? You guessed it—RSI 30.
Now it's happening once more. The data suggests Bitcoin is trading at a significant discount relative to Gold right now. Each time this signal has flashed, what followed was a substantial recovery. Whether history repeats or rhymes, the pattern speaks for itself.