Analysis: Bitcoin RSI indicator suggests the price may rebound to $105,000, with more bullish signals.

MarsBitNews · 2026-01-09T14:01:16+00:00

The weekly relative strength index of Bitcoin continues to break through, indicating increasing bullish signals. The price may rise to $103,000 to $105,000 within 3-4 weeks, with selling pressure easing.

MarsBitNews

2026-01-09 14:01:16

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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.

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