Analysis: Bitcoin's weekly RSI shows a bullish divergence similar to that at the end of the 2022 bear market.
Source：
cointelegraph.com
According to Cointelegraph, after Bitcoin's price rebounded to around $80,000, the market remains divided on its future outlook. Data shows that Bitcoin's weekly Relative Strength Index (RSI) has risen to 58.3, forming a bullish divergence similar to that seen at the end of the 2022 bear market. Some analysts believe this may indicate that the current macroeconomic downtrend is nearing its end.
