Analysis: Bitcoin RSI Indicator Suggests Price May Rebound to $105,000 as Bullish Signals Increase
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)
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.
You may also like
Bank of New York will offer tokenized deposit services to institutional investors.
A whale on a certain exchange holds 72,000 long bitcoin positions.
The holdings of a smart money address in this round have increased to 3,100 ETH, worth approximately $9.543 million.
RootData: QAI will unlock tokens worth approximately $17.72 million in one week
