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BIT: BTC's RSI rebounded after falling to the 30% oversold zone

2026.07.27 - 03:42
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TechFlow 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.

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