Bitcoin's RSI indicator is now approaching levels unseen for the past three years, signaling we're at a pivotal moment in the market cycle. When the Relative Strength Index dips this low, it typically reflects extreme selling pressure and pessimism among traders. Historically, such extremes have often preceded significant market reversals. The current setup presents an interesting inflection point—whether this represents a capitulation bottom or the beginning of an extended consolidation phase remains to be seen. Chart observers are closely watching how price action responds near these support zones, as the confluence of low RSI and key technical levels could prove crucial for the next directional move.