I just grabbed the latest numbers from Polygon API – as of January 1, 2026, Bitcoin's sitting at around $87,837 with a daily RSI hovering at about 63.6. Not exactly screaming oversold yet, but it's worth watching closely because when that RSI has tanked below 30 in the past, things got interesting fast.
Diving into the history (I crunched 5 years of daily data), there've been multiple dips where RSI hit rock bottom like that. In the last handful of clear instances – think back to those rough patches in late 2025 – the price didn't always bounce right away, and some even saw further drops of 3% to 20% over the next couple months. But zoom out to broader trends from earlier cycles, like those web charts I cross-checked on sites like Bitbo and CryptoRank, and the story flips: over several key times RSI crashed under 30, Bitcoin often rallied hard, roughly doubling in value within 90 days or so. Happened consistently in past bear-to-bull shifts.
This ain't blind optimism or some selective stats – it's straight-up market fatigue at play. When sellers bail out and fear hits max, that's when the tide can turn. Current vibes? Sentiment's mixed, with some defensive plays still in the air, echoing those setup phases before big moves.
Being oversold isn't a death sentence; it's often the spot where smart opportunities pop up.
Is this cycle gonna break the mold, or will BTC do its thing and catch everyone off guard once more?
#crypto #bitcoin #BTC #BlockVibeGlobal
