MarketPR
Bitcoin is flashing a technical signal that has divided market watchers sharply: a bullish RSI divergence on $BTC that one camp is reading as the formation of a 2022-style bear market bottom, while a separate group warns that new price lows have not been ruled out.
The divergence pattern has become the central exhibit in the current bull case, though skeptics say the setup alone is not sufficient to close the argument.
What the RSI Signal Is Showing A bullish RSI divergence occurs when an asset's price marks a lower low while the Relative Strength Index — a momentum oscillator that measures the speed and magnitude of recent price moves — registers a higher low.
The divergence suggests that selling pressure may be losing force even as price continues to fall, a condition that technical analysts historically associate with trend exhaustion and potential reversal.
Keep reading