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Data: After BTC’s RSI fell to the 30% oversold zone, it rebounded.

2026-07-27 04:40:17

Abstract generation in progress

ME News, July 27 (UTC+8). According to a chart published by independent analyst Markus Thielen, the Bitcoin price and the Relative Strength Index (RSI) have shown a clear divergence signal. The RSI recently fell to the 30% oversold range, then rebounded back up to around 50%, while BTC also rebounded from near its low to about $64,645. Of note, the purple descending trendline in the chart indicates that since the 2025 June high (about $125,000), BTC has been in a downward channel overall. The current price is still being suppressed by this pressure line, and whether it can break through effectively will be the key to judging the subsequent trend. (Source: ChainCatcher)

BTC0.43%

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