Analysis: Bitcoin RSI indicator suggests the price may rebound to $105,000, with more bullish signals increasing

BTC-3,86%

Odaily Planet Daily reported that data shows Bitcoin’s weekly relative strength index (Weekly RSI) is continuously breaking through. This indicator measures the overbought or oversold level of BTC/USD at a specific level. Its downward trend began in September 2025, and it has now broken through a 3-month downtrend line and held above the breakout line. Bullish signals are increasing. According to trend analysis, Bitcoin’s price may reach $103,000 to $105,000 within 3-4 weeks. As Bitcoin attempts to consolidate the $90,000 support level, selling pressure will weaken. (Cointelegraph)

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