May 12, 2025

Bitcoin Hits The Most Oversold Levels Since 2023!

1 min read

The post Bitcoin Hits The Most Oversold Levels Since 2023! appeared first on Coinpedia Fintech News Bitcoin hit a new low of $61,175 amidst the broader market decline and the Mt. Gox news. This significant drop represents a 17.82% decrease from its monthly peak of $71,656, recorded just two weeks before. It has hit the most oversold levels since 2023. Analyst Michaël van de Poppe stressed the severity of the situation, …

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