"Bitcoin bottom will be when the big guys fill their bags. simple as that. so it will go as low as needed to create the liquidity needed for that transfer of positions. not any less, not any more."
Something I think that is under appreciated about Bitcoin currently is you never know when that overnight Godzilla candle will emerge. Don't let the range bound price action fool you in the short term.
Oversold RSI on the 4day Bitcoin chart says we are closer to the bottom than the top. The last 6 times this signal has fired it has led to big runs after.