Bitcoin RSI Trend Shows Bearish Pattern Since March 2024
Bitcoin’s weekly RSI has been forming lower highs since March 2024. What could this mean for the price trend ahead?
- Bitcoin RSI is in a consistent downtrend since March 2024.
- Lower highs in RSI often signal weakening momentum.
- Traders are watching closely for a potential reversal or breakdown.
Since March 2024, Bitcoin’s weekly Relative Strength Index (RSI) has been forming lower highs, a classic sign of weakening momentum. Despite several rallies during this time, the RSI hasn’t been able to break above previous peaks — raising concerns among technical analysts.
The RSI is a widely used indicator in crypto and traditional markets. It measures the strength of price movements, typically on a scale of 0 to 100. When RSI moves in a downtrend, even while the asset’s price remains flat or climbs slightly, it signals that the buying pressure may be weakening. That’s exactly what’s been happening with Bitcoin for over a year now.
Lower Highs Signal a Cautious Market
A pattern of lower highs in RSI while the price consolidates or rises can sometimes indicate bearish divergence. This means the asset might be losing strength even as prices hold steady — a potential red flag for bullish traders. Historically, such patterns have preceded pullbacks or extended sideways movement in Bitcoin.
However, it’s not all doom and gloom. These patterns can also lead to strong reversals if the RSI breaks above the trend line of lower highs. That would show renewed momentum and could trigger a fresh leg up for BTC.
For now, traders are closely watching the RSI trend. A confirmed breakout above recent RSI highs might act as an early signal for bullish momentum returning to the market.
What Comes Next for Bitcoin?
As we move through the second half of 2025, all eyes are on whether Bitcoin will break this RSI trend. If the current pattern continues, we might see BTC facing stronger resistance in the coming weeks. On the flip side, a sudden spike in momentum — perhaps triggered by macro events or ETF news — could cause a sharp reversal.
Until then, the Bitcoin RSI trend is something every trader should keep an eye on.
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