Bitcoin has reclaimed $87,000 following oversold conditions, reversing recent losses driven by extreme fear in the market. Technical indicators like the RSI at 22.65 signal a potential rebound as buyers step in after heavy liquidations near $81,000. Bitcoin surges above $87,000 after hitting deeply oversold levels, marking a V-shaped recovery from the $80,800 support zone. […]
Source: https://en.coinotag.com/bitcoin-shows-signs-of-recovery-above-87000-after-oversold-conditions