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BTC $74,105.86 +0.16%
ETH $2,320.35 -0.95%
BNB $625.38 +0.81%
XRP $1.42 +2.84%
SOL $85.95 +1.56%
TRX $0.3269 -0.17%
DOGE $0.0969 +2.14%
ADA $0.2513 +2.41%
BCH $439.86 +1.06%
LINK $9.36 +1.67%
HYPE $43.82 -1.31%
AAVE $109.88 +2.92%
SUI $0.9746 +2.45%
XLM $0.1632 +4.07%
ZEC $338.13 -5.14%

Analysis: The Bitcoin RSI indicator suggests that the price may rebound to $105,000, with an increase in bullish signals

2026-01-09 21:49:46
Collection

According to Cointelegraph, data shows that Bitcoin's weekly relative strength index (Weekly RSI) is continuously breaking through. This indicator measures the "overbought" or "oversold" levels of BTC/USD at specific levels, and its downward trend began in 2025. It has now broken through a 3-month downtrend line and is holding above the breakout line, increasing bullish signals.

According to trend analysis, Bitcoin's price may reach between $103,000 and $105,000 in the next 3-4 weeks, while selling pressure will weaken as Bitcoin attempts to consolidate the $90,000 support level.

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