Analyst: Bullish divergence appears on Bitcoin's weekly chart RSI; analysts are divided on the bear market trend
2026-08-25 19:23:41
According to CoinMeta, Bitcoin rebounded by about 25% last week and broke through $80,000, with its weekly chart RSI rising to 58.3, reaching the highest level since October 2025 when it hit a record high of $126,200, and showing a bullish divergence. Real Vision's chief crypto analyst, Jamie Coutts, believes that the weekly bullish divergence is of reference value in determining cycle turning points. Bitcoin's daily chart RSI rose to 82.93, the highest level since November 2024. Bitcoin's two-month stochastic RSI showed a golden cross, with this low point reaching 4.81, and there is disagreement in the market regarding whether the macro bear market for Bitcoin has ended.
Bullish 0
Bearish 0
Source:Internet
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