BTC Back at oversold daily RSI levels. These spots generally line up with sharp sell offs and big wicks. But as you can see, previous times where it hit this area it wasn't always a bottom directly. A few times price made a new low after or the move itself wasn't fully done yet. The one thing it does show is that you usually see volatile price action in the days following it. Price rarely ever starts ranging sideways on small volatility after moves like these.