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Topic:Bitcoin Hits Its Lowest Weekly RSI EverCan BTC hold $60K support?
Bitcoin Hits Its Lowest Weekly RSI Ever - Can BTC$BTC Hold $60K Support?
Short answer: momentum is stretched, but structure still decides. With BTC$BTC breaking below $63K and printing its lowest weekly RSI on record, sellers clearly have short-term control.
The loss of the $63K zone shifted focus lower. Right now, $62.6K is the first key support. Below that, the $60K–$61K region becomes the real battlefield. If $60K fails, liquidation pressure could accelerate the move.
An extremely low RSI signals deep fear and potential exhaustion - but oversold doesn’t automatically mean reversal. In past cycles, RSI stayed suppressed while price continued grinding lower.
For bulls, the path is simple: reclaim $63K and stabilize above it. For bears, holding price below broken support keeps the downside scenario active.
So can $60K hold? It can - but only if buyers step in with real volume, not just hope.
#BTC Price Analysis#
#Bitcoin Price Prediction: What is Bitcoins next move?#