Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Analysis: Bitcoin RSI Indicator Suggests Price May Rebound to $105,000 as Bullish Signals Increase

Analysis: Bitcoin RSI Indicator Suggests Price May Rebound to $105,000 as Bullish Signals Increase

Odaily星球日报Odaily星球日报2026/01/09 13:52
Show original

According to Odaily, data shows that Bitcoin's Weekly Relative Strength Index (Weekly RSI) is continuously breaking through. This indicator measures the "overbought" or "oversold" level of BTC/USD at a specific level. Its downward trend began in September 2025, but it has now broken through the three-month downtrend line and held above the breakout line, with more bullish signals emerging. According to trend analysis, Bitcoin's price may reach $103,000 to $105,000 within 3-4 weeks. As Bitcoin attempts to consolidate the $90,000 support level, selling pressure is expected to weaken. (Cointelegraph)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
© 2025 Bitget