2026-02-10 02:36:37

Today, let's analyze BTC weekly chart using the RSI indicator alone.

RSI (9): 22 (12): 26 (24): 37
The market is currently oversold. Looking at RSI (24), the value is 37, which is below 50, indicating strong bearish momentum. It is currently in a long-term bottom zone, where it is suitable for dollar-cost averaging, buying the dip, and accumulating positions.
From 2023 to 2025, the price and RSI gradually formed a bearish divergence at the top. Now that it has reached the cycle bottom, it is foreseeable that a new cycle bearish divergence will form, with the price slowly recovering. However, this requires time and patience.
We need to wait until RSI (24) stays below 40 for a period, and patiently wait for a breakout above 50 with strength, which would mark the beginning of a strong bullish trend. Until then, bulls should remain cautious and consider buying the dip.
As for RSI (9) and RSI (12), representing short- and medium-term trends, they are currently very weak, while bearish forces are very strong. Bulls should bide their time and be patient.

BTC0,13%

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