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BTC $60,748.55 -2.66%
ETH $1,559.10 -6.91%
BNB $574.84 -3.03%
XRP $1.08 -4.28%
SOL $62.08 -6.32%
TRX $0.3187 -2.06%
DOGE $0.0808 -4.60%
ADA $0.1550 -4.28%
BCH $217.30 -2.99%
LINK $7.28 -4.42%
HYPE $58.93 -5.19%
AAVE $60.82 -9.31%
SUI $0.6987 -2.05%
XLM $0.1961 +3.31%
ZEC $365.08 +13.46%

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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