Bitcoin is showing a clear divergence from the relative strength index, according to a chart posted by independent analyst Markus Thielen. According to ChainCatcher, RSI recently fell to the 30% oversold zone before rebounding to around 50%, while BTC recovered from near its low to about $64,645.
The chart also shows Bitcoin moving within a downtrend channel since its June 2025 peak of about $125,000. The price remains below the descending trendline, and a decisive breakout is being watched as a key signal for the next move.
Bitcoin Shows RSI Divergence as Price Trades Below Downtrend Line
2026-07-27 03:53:45
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