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Analysis: Bitcoin's RSI indicator suggests a potential price rebound to $105,000, with increasing bullish signals.

2026-01-09 13:49:04
Shareshare
According to Odaily Planet Daily, data shows that Bitcoin's Weekly Relative Strength Index (RSI), which measures the degree of "overbought" or "oversold" status of BTC/USD at a specific level, is continuously breaking through. Its downtrend began in September 2025, and it has now broken through and held above the three-month downtrend line, increasing bullish signals. Based on this trend analysis, Bitcoin's price may reach $103,000 to $105,000 within 3-4 weeks, while selling pressure will ease as Bitcoin attempts to consolidate the $90,000 support level. (Cointelegraph)
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