<ul><li>Bitcoin has experienced a decline recently, with the $92,000 support level acting as a critical point of focus.</li><li>Data from Glassnode shows a surge in new investor demand, with 49.6% of Bitcoin wealth now held by coins aged less than 3 months.</li><li>Bitcoin's RSI indicates oversold conditions on the 4-hour chart, suggesting a potential reversal in the near future.</li><li>A potential bounce could push Bitcoin toward the $103,200 resistance level, signaling a possible price recovery.</li></ul>

Bitcoin’s Surge in New Investor Demand and Oversold RSI Point to Price Recovery

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