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The most oversold stocks in the industrials sector are drawing attention as potential opportunities to buy undervalued companies. The latest screen highlights major industrials names with a relative strength index (RSI) near or below 30. TaskUs, Inc. (NASDAQ: TASK) On March 23, Wedbush maintained TaskUs with an Outperform rating and…
Crypto analyst Cupra said Bitcoin has printed one of the most aggressive recovery setups the market has seen in years, pointing to a structure he says previously led to a major upside move in 2019.
In an X post, Cupra said the current market action mirrors a similar reset seen in 2019, which followed months of “pain.” He linked that earlier period to a subsequent 282% explosive move for BTC.
Cupra added that the same structure is now playing out again, but with what he described as even more liquidity.
Another crypto analyst, Colin, said Bitcoin remains at risk of decline despite claims that the leading cryptocurrency has formed a bottom.
Colin highlighted a bear flag on his chart and suggested BTC could rally above $77,000 in the short term. He tied that potential rebound to the 2-week ceasefire agreement between the U.S. and Iran, which he said could trigger a relief bounce.
However, Colin also argued that after any short-term bounce, Bitcoin is likely to continue its downward momentum.
In a separate X post, Colin reiterated his view that Bitcoin could soon experience a parabolic reversal to the upside. He cited a count of 35 bars up versus 12 bars down, calling it a “perfect cycle structure.”
Cupra said that when this pattern occurs, it is followed by a massive expansion. He also stated that Bitcoin has completed the 12-bar reset and that this is the “launch zone,” adding that the next leg could be “violent” rather than a “normal pump.”
According to Cupra, the parabolic phase is starting now.
At the time of writing, Bitcoin was trading at around $71,000, down over the last 24 hours, according to data from CoinMarketCap.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
