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BTC $76,847.71 -0.14%
ETH $2,131.23 +0.49%
BNB $641.79 -0.13%
XRP $1.38 -0.54%
SOL $85.07 +0.29%
TRX $0.3570 +0.12%
DOGE $0.1046 -1.75%
ADA $0.2516 +0.38%
BCH $379.07 +0.31%
LINK $9.73 +2.10%
HYPE $47.53 +3.80%
AAVE $89.18 +0.98%
SUI $1.06 +2.11%
XLM $0.1465 -1.61%
ZEC $571.04 +6.38%

Analysis: The Bitcoin RSI indicator suggests that the price may rebound to $105,000, with an increase in bullish signals

2026-01-09 21:49:46
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According to Cointelegraph, data shows that Bitcoin's weekly relative strength index (Weekly RSI) is continuously breaking through. This indicator measures the "overbought" or "oversold" levels of BTC/USD at specific levels, and its downward trend began in 2025. It has now broken through a 3-month downtrend line and is holding above the breakout line, increasing bullish signals.

According to trend analysis, Bitcoin's price may reach between $103,000 and $105,000 in the next 3-4 weeks, while selling pressure will weaken as Bitcoin attempts to consolidate the $90,000 support level.

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