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The price of BTC drops to $ 34,000 as Bitcoin reaches its peak of “excess sales” since the March RSI 2020 crash.

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© Reuters.

(BTC) refused to halt the recent losses on January 22, as predictions of a flight of $ 33,000 and below were increasingly likely to become a reality.

1 hour candlestick chart (Bitstamp). Source: TradingView.

Data Cointelegraph Markets Pro and TradingView continued Bitcoin (BTC) / USD fell $ 35,000 in the first half of January 22nd.

Bitcoin table of future financing rates (Binance). Source: Coinglass.
BTC / USD 1 day candlestick chart (Bitstamp) with RSI. Source: TradingView.