Even with heavy oversold RSI the dumping continues, it has entered bear market territory.
Bitcoin is dead.
Thinking of Mindrusting around this level.
/s
See you all in 2029 when it breaks $100,000 again.
Well, this suggests that for some reason, only the bear part of the cycle continues, but bull phase is truncated.
I see no cause for this so far.
Alternatively, it might suggest that there are no more cycles and it's just pure chaos-I don't believe that either.
In summary...the scenario above is unlikely to highly unlikely, but not impossible, of course.