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Analysis: Bitcoin's RSI indicator suggests the price may rebound to $105,000, with increasing bullish signals
Svmuu News: Data shows that the weekly Relative Strength Index (RSI) for Bitcoin is continuing to break out.This indicator measures the degree of "overbought" or "oversold" conditions for BTC/USD at specific levels. Its downtrend began in September 2025, and it has now broken through the three-month downtrend line and held above it,Bullish signals are increasing. According to trend analysis at Bitcoin, the price could reach $103,000 to $105,000 within 3-4 weeks, while selling pressure is expected to ease as Bitcoin attempts to consolidate the $90,000 support level. (Cointelegraph)
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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