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Gate Square New & Returning Creator Rewards are ongoing!
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Analysis: Bitcoin RSI indicator suggests the price may rebound to $105,000, with more bullish signals.
Mars Finance reports that the weekly relative strength index (Weekly RSI) for Bitcoin continues to break through. This indicator measures the overbought or oversold levels of BTC/USD at specific levels. Its downward trend began in 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.