$BTC RSI at its lowest level since September 2023
The last time RSI was this low, Bitcoin was at $25,000
Bitcoin Crashes to $49,000 Amidst $10 Billion Liquidation Wave
Usually corrections are good & healthy. Those who disagree, Just increase the chart time frame!!
A bear market began in Asia - in Japan, the NIKKEI 225 index fell by 12%, the fall became virtually uncontrollable. Trading in South Korea has been stopped.
The main reason for the fall of BTC is that the Central Bank of Japan raised interest rates for the first time in 17 years, which led to a strengthening of the yen and ended arbitrage with the Japanese currency, so traders sold risky assets to pay off debts,
So Bitcoin is not a hedge)
Every time it is down, is time to buy, the fiat currency will eventually fail. Bitcoin will remain.
