Bitcoin has slid from $120K to $82K with barely any relief, while funding and sentiment stay bearish. Open interest crashed during the first drop but quickly rebuilt, driven mostly by new short positions. Spot trade activity is increasing, though not yet at capitulation levels. A dense cluster of short-side liquidation liquidity now sits above price, suggesting markets may target those levels next as leverage resets and spot buyers gradually step in.

November 21, 2025 11:15:47 UTC

Bitcoin Hits Unprecedented Weekly RSI Oversold Levels — A Market First

This is absolutely wild. Bitcoin’s 1W RSI has just flashed oversold readings seen only at the 2018 bear-market bottom, the COVID crash, and the 2022 $18k local bottom — yet BTC is still holding a higher-timeframe uptrend at $82k.There is no historical precedent for this: peak bear-market RSI levels appearing just six weeks after the $126k top. The speed and intensity of this move signal something totally new for the market, highlighting extreme pressure despite intact macro structure.

This is absolutely wild.

I am speechless.

The current 1W RSI has just tagged oversold levels that we have only seen before at:

– 2018 Bear market bottom
– COVID bottom
– 2022 local bottom at $18k

And BTC is still in HTF structure, at 82 fucking thousand!?

The only time the… pic.twitter.com/d4nuNuHVEy

— Sykodelic

Feed: Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

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Tags: new

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