Bitcoin (BTCUSD) is extending losses today, crashing to a near two-year low of about $60,000 this morning, as a perfect storm of macroeconomic, political, and technical factors continued to pressure the world’s largest cryptocurrency by market cap. At one point on Feb. 6, Bitcoin’s relative strength index (RSI) was seen at a historic low of 16, indicating its most oversold level since November 2018. More News from Barchart While BTC has reversed some of the loss in recent hours, it remains down nearly ...