Bitcoin’s weekly RSI is displaying a bullish divergence similar to mid-2022, approximately six months before the end of the last bear market. Bitcoin rebounded 25% last week, pushing the weekly RSI to 58.3, its highest level since the all-time high of $126,200 in October 2025, while the daily RSI sits in overbought territory at 82.93. The two-month stochastic RSI indicator has registered a bullish crossover, a historical signal for major trend changes. Market participants remain divided on the implications, with some viewing the data as a warning of an imminent reversal while others note that Bitcoin uptrends have historically been accompanied by multiple overbought periods.
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