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Bitcoin shows rare long-term oversold signal, hinting at a major low near $60,000, with ether possibly bottoming too.

Technical Signals
15 Aug 2026
Bitcoin
View Source
Bullish
Bitcoin shows rare long-term oversold signal, hinting at a major low near $60,000, with ether possibly bottoming too.

Technical analyst Katie Stockton of Fairlead Strategies indicates that Bitcoin may have reached a major low after nearing $60,000, based on rare long-term oversold signals from key indicators. This suggests the recent price decline might be ending, with momentum beginning to improve despite current price pressure. Stockton also extends this outlook to ether, suggesting it may have similarly bottomed, which is significant as these two assets often signal broader market trends. While short-term volatility may continue, these long-term signals point to a potential new cycle beginning for major cryptocurrencies.

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