Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom
CoinTelegraph·
60-second summary
Bitcoin's Relative Strength Index (RSI) is exhibiting a bullish divergence, a phenomenon that preceded past bull runs, fueling a new bull case with some analysts predicting a 2022-style bear market bottom.
Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.