Bitcoin sees key bottom signal as BTC eyes unique $101K bear market reclaim

1 hour ago

Bitcoin (BTC) bull signals are persisting arsenic terms hits caller two-month highs adjacent $98,000.

Key points:

Bitcoin terms starring indicators constituent to bullish continuation aft two-month highs.
The wide terms situation is looking amended than astatine immoderate constituent since the commencement of October.
2026 whitethorn extremity up a “bear marketplace year” dissimilar immoderate other.

Bitcoin RSI, MACD people classical reversal signal

Data from TradingView reveals that Bitcoin’s comparative spot scale (RSI) continues to constituent to BTC terms upside.

Leading indicators stay connected the broadside of Bitcoin bulls arsenic RSI joins moving mean convergence/divergence (MACD) successful showing renewed strength.

On hourly timeframes, RSI is printing a hidden bullish divergence, wherever the indicator makes a little debased portion the terms makes a higher low. Last week, a akin setup was observed connected the four-hour illustration arsenic BTC/USD tested $90,000 support.

At the time, RSI readings spawned a $105,000 BTC terms target. While this appears disconnected the table for the clip being, the indicator itself is thing but bearish.

“RSI is present supra 50, confirming the commencement of a caller uptrend. Send it higher,” trader Jelle wrote successful an X post examining three-day timeframes.

The RSI is present supra its 50 midpoint for the archetypal clip since aboriginal October. When combined with a bargain awesome connected MACD, the representation begins to look wholly dissimilar conditions successful spot since that time.

“When $BTC forms some a 3-day bullish MACD transverse and bullish divergence astatine the aforesaid time, it's clip to wage attention,” Jelle claimed.

“This combo marked the bottommost erstwhile again.”

BTC price: 2026 could soon beryllium “truly different”

Zooming out, Bitcoin capitalist and commentator Isiah had his sights connected a unsocial BTC terms lawsuit present due.

If Bitcoin is seeing a caller carnivore market, helium argued, the upcoming reclaim of the 50-week elemental moving mean (SMA) volition beryllium unique.

“The large infinitesimal is getting closer. Bitcoin has NEVER reclaimed the 50-week moving mean successful a carnivore marketplace twelvemonth (currently sitting astatine 101k),” helium told X followers connected Wednesday.

“If it doesn't get rejected, this clip is genuinely different.”

Price primitively fell beneath the 50-week SMA astatine the commencement of November. The bull marketplace enactment band, formed of 2 different MAs, is present overhead arsenic a cardinal absorption reclaim task.

“Think there's a bully accidental we retest the bull marketplace enactment set comparatively soon. It's moving down astatine a accelerated gait portion terms is attempting to grind higher,” trader Daan Crypto Trades predicted connected X Tuesday.

“That retest is 1 we spot each time. Whether it breaks backmost supra oregon rejects, is beauteous pivotal for the adjacent fewer weeks oregon months ahead.”

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