Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin RSI indicator rebounds, but price remains suppressed by the 2025 downtrend line

Bitcoin RSI indicator rebounds, but price remains suppressed by the 2025 downtrend line

AiCoinAiCoin2026/07/27 03:45
Show original
Analyst Markus Thielen pointed out that the Bitcoin RSI indicator once fell to the 30% oversold range before rebounding to around the 50% level, with the BTC price recovering from its low to about $64,645. The chart shows that since the June 2025 high of approximately $125,000, BTC has been in a downward channel, and the current price is still suppressed by this trendline.
0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Ivy League’s space gamble: Harvard reveals $2.2 billions SpaceX position, its largest single stock holding

Harvard University Investment Management Company disclosed that it holds $2.2 billion worth of SpaceX shares, making it the largest single stock position in its $4.3 billion US equity portfolio. This holding originated from Harvard’s early investment in SpaceX through venture capital funds, and the position has significantly appreciated after SpaceX’s public listing in June this year. The University of California also disclosed a roughly $1 billion position in SpaceX during the same period. Over the past decade, endowment funds from several universities have made substantial bets on private tech assets.

华尔街见闻2026/08/16 03:01