BIT: BTC's RSI rebounded after falling to the 30% oversold zone
7x24h News
BIT: BTC's RSI rebounded after falling to the 30% oversold zone
According to charts released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and Relative Strength Index (RSI) trends show a clear divergence signal. The RSI recently fell to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart shows that since the June 2025 high (approximately $125,000), BTC has been overall in a downward channel; the current price is still suppressed by this resistance line, and whether it can effectively break through will be key to judging subsequent trends.
Navigating Web3 tides with focused insightsTechFlow News, July 27, according to a chart released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and the Relative Strength Index (RSI) trend show a clear divergence signal. The RSI recently dropped to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart indicates that since the high in June 2025 (approximately $125,000), BTC has remained overall in a downward channel; the current price remains suppressed by this resistance line, and whether it can effectively break through will be key to judging the subsequent trend.
