# Bitcoin Daily RSI Oversold Setup ## Overview Bitcoin's daily RSI indicator is approaching a critical trendline support level that has consistently triggered upside reactions since June 2025 [QvQGnogJB1I @ 00:23, xkjpbn86KD8 @ 00:14]. This trendline has marked significant swing lows on multiple occasions: in August, late August again, early September, and most recently on September 25th [QvQGnogJB1I @ 00:38, xkjpbn86KD8 @ 00:29]. Most of these touch points have aligned with more or less significant market bottoms [QvQGnogJB1I @ 00:46, xkjpbn86KD8 @ 00:38]. ## Rare Oversold Opportunity A break below this trendline would push Bitcoin into oversold territory on the daily RSI, representing a rare buying opportunity that hasn't occurred since early 2025 [QvQGnogJB1I @ 00:51, xkjpbn86KD8 @ 00:44]. The analyst notes that oversold conditions on the daily timeframe "don't get every single day right, it happens very rarely" [QvQGnogJB1I @ 01:02, xkjpbn86KD8 @ 00:53]. The last time this occurred was in February-March 2025, when the analyst made purchases [QvQGnogJB1I @ 01:09, xkjpbn86KD8 @ 01:01]. ## Technical Levels and Strategy While waiting for a potential oversold break, the analyst recommends watching for support around the 33-34 level on the daily RSI [QvQGnogJB1I @ 01:21, xkjpbn86KD8 @ 01:12]. The 4-hour timeframe is already showing oversold conditions below 30 [QvQGnogJB1I @ 01:27, xkjpbn86KD8 @ 01:19], which historically has led to upside reactions, though not always immediate reversals. Often, a bullish divergence forms when the price makes a lower low while RSI remains oversold [QvQGnogJB1I @ 01:40, xkjpbn86KD8 @ 01:31]. ## Trading Approach The analyst expresses a contrarian bullish stance, stating "I always look forward to these opportunities, I know people are depressed and everything" [QvQGnogJB1I @ 00:55, xkjpbn86KD8 @ 00:46]. The plan is to buy again if Bitcoin becomes oversold on the daily timeframe [QvQGnogJB1I @ 01:13, xkjpbn86KD8 @ 01:05], despite current bearish sentiment in the market. ## Consensus View Both video sources present identical analysis, emphasizing the historical reliability of this RSI trendline support and the rarity of daily oversold conditions. There are no divergent opinions—the message is consistent that this setup represents a potential buying opportunity for patient traders willing to act when others are fearful.