Bitcoin Drops to 3-Month Low: RSI Signals Potential Buying Opportunity

Recent price fluctuations have seen Bitcoin plummet to a three-month low, prompting questions about its future trajectory. However, the Bitcoin Relative Strength Index (RSI) provides clues that this may be an opportunity for savvy investors. While macroeconomic factors like U.S. equities and rising inflation are impacting the crypto market, the RSI suggests oversold conditions, potentially paving the way for a rebound.