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SOL $119.04 -0.82%
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ZEC $1,321.96 -1.48%
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AMZN $251.74 +1.06%
GOOGL $343.08 +0.93%
MSFT $517.61 +0.35%
META $727.42 -0.12%
NVDA $234.36 +1.19%
TSLA $371.10 +4.35%
SNDK $1,721.83 -3.46%
INTC $118.95 -1.48%
SPCX $158.86 +6.64%
MU $1,067.32 -2.16%
AMD $635.53 +2.50%

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

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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