Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Bitcoin RSI Bounces Off Oversold Levels Amid Ongoing Downtrend

Guavy AI Editorial Team
Instruments
BTC
Share

The Bitcoin RSI indicator has rebounded from its oversold levels, but the price remains suppressed by the 2025 downtrend line. According to analyst Markus Thielen, the RSI fell to around 30% before bouncing back up to approximately 50%. This movement was accompanied by a recovery in the BTC price to about $64,645.

The chart shows that since Bitcoin's June 2025 high of around $125,000, it has been trending downwards. The current price is still below this trendline, indicating ongoing suppression. It remains to be seen whether this downtrend will continue or if the price will break free from its downward trajectory.

More on Crypto

Crypto just now

Crypto Market Sees Small Bounce Amid Key Price Zone Tests

Crypto just now

Meme Coin Revival: Shiba Inu Surges 22% Amid Renewed Investor Interest

Crypto just now

$SHIB Overbought on Daily Chart as Fear Dominates Market

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy