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Bitcoin's relative strength index (RSI) is the LOWEST IT HAS EVER BEEN on the weekly and monthly timeframes.

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Posted by5 hours ago

On the daily timeframe, it is about on par with the 2018 and March 2020 capitulations.

I'm not selling anything but I'm also going to be sitting on cash until macroeconomic conditions get better.

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

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