BTC 1w Candle holding 200ma?

Theres a possibility this 1w oversold BTC candlestick can recover the 200ma its been holding. Similar to the highlighted candle in 2020 that recovered the moving average smoothly. The oversold RSI indicates this is a potential buying zone. Take a look at the BTC Rainbow Chart online and give me your thoughts, it indicates "A fire sale!"
btc200maBTCUSDBTCUSDTChart PatternsMoving AveragesTrend Analysis

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