The downside pressure in BTC is still strong but we are getting over extended. With the RSI oversold and price being far extended from the 20MA, will Wednesday which brings a red 9 on the time analysis bring a bottom or at the very least a bounce?
Is this the bottom for BTC? I check out historical BTC charts from 2015, 2016, 2017 which all saw a huge drop leading to a bounce in the middle of January.