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

Jan 09, 2026 21:49:46

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Data shows that the weekly Relative Strength Index (RSI) for Bitcoin is continuously breaking through. This indicator measures the "overbought" or "oversold" levels of BTC/USD at specific levels. Its downtrend began in 2025 and has currently broken through a 3-month downward trend line, maintaining above the breakout line. Bullish signals are increasing, and according to trend analysis, the price of Bitcoin may reach between $103,000 and $105,000 in 3-4 weeks. As Bitcoin attempts to consolidate the support level at $90,000, selling pressure will weaken.

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