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Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom

Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom

https://cointelegraph.com/authors/william-suberg· ·3 min read · 0 reactions · 0 comments · 48 views
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Bitcoin's Relative Strength Index (RSI) signals have sparked hopes of a recovery, with some analysts comparing the current market to the 2022 bear market. A bullish RSI divergence has formed, where the RSI makes higher lows while the price makes lower lows, catching the attention of market participants. The formation of this divergence has led some traders to anticipate a BTC price reversal, although others still predict new lows are to come.

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Cointelegraph.com News · https://cointelegraph.com/authors/william-suberg
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Publication timeMon, 29 Jun 2026 02:32:03 +0000
Retrieval time2026-06-29T04:19:59.197Z
Last seen2026-06-29T04:19:59.197Z
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Opening excerpt (first ~120 words) tap to expand

Written by William Subergstaff writerReviewed by Ray Salmondstaff editorWritten by William Subergstaff writerReviewed by Ray Salmondstaff editorBullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottomMarketsPublishedJun 29, 2026Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.Bitcoin (BTC) continued its battle to reclaim $60,000 into the weekend as chart cues fueled hopes of a recovery.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Cointelegraph.com News.

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