BIT: BTC's RSI rebounded after falling to the 30% oversold zone
According to charts released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and Relative Strength Index (RSI) trends show a clear divergence signal. The RSI recently fell to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart shows that since the June 2025 high (approximately $125,000), BTC has been overall in a downward channel; the current price is still suppressed by this resistance line, and whether it can effectively break through will be key to judging subsequent trends.
