/biz/ - Business & Finance

As other anons have pointed out, yes the weekly still has a way to go. As reference, the last time the weekly RSI was this low, was in September 2014, and it took 3 months for the absolute bottom to be reached, which was another 58% decrease.

On this low day, the RSI was also one of the lowest it has ever been. After this RSI low, the price had a dead cat of almost 20% followed by its ultimate decline of 58%, which ended at the historic weekly RSI low

What does this mean? I don't know, wait for the dead cat tomorrow or the day after and try to catch the top, or just hold on and pray to kek