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bitcoin

Bitcoin Weekly RSI Climbs Toward Upper Boundary – Will BTC Bulls Push Through?

Ash Tiwari
by Ash Tiwari
1 week ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As Bitcoin (BTC) continues to grind through the $100,000 to $110,000 range, its weekly Relative Strength Index (RSI) is steadily climbing toward the upper trendline – fuelling hopes for a bullish breakout and the potential for a new all-time high (ATH) in the near term.

Bitcoin RSI Pushing Toward Upper Trendline

In an X post published today, seasoned crypto analyst Titan of Crypto remarked that Bitcoin “still has fuel in the tank.” The analyst shared the following BTC weekly chart, highlighting that the digital currency’s market structure remains strong, marked by a series of higher highs and higher lows.

titan
Source: Titan of Crypto on X

According to Titan of Crypto, Bitcoin’s weekly RSI is approaching its upper trendline after rebounding from the lower end of the range in April 2025. Historical data shows that BTC price has often peaked whenever the weekly RSI touched this upper boundary.

Related Reading: Bitcoin Recovery Gains Momentum While Network Activity Remains Muted – Risk Ahead?

For context, the RSI is a momentum indicator that measures the speed and magnitude of the underlying asset’s price movements. It ranges from 0 to 100, with values above 70 typically indicating overbought conditions and those below 30 suggesting oversold territory.

If BTC mirrors its historical patterns – rallying alongside a rising weekly RSI – it could be on track for a new ATH of around $140,000. As of now, BTC is trading approximately 4.7% below its current ATH of $111,814, set on May 22.

BTC Looks Bullish On Monthly Timeframe

Other prominent analysts are also pointing to potential upside for the world’s largest cryptocurrency by market cap. For example, Rekt Capital shared the following BTC monthly chart, noting that Bitcoin has “fully confirmed” a breakout from its monthly range. The analyst added:

Thus, now is the time for buy-side volume to step in to facilitate trend continuation. Until that volume comes in however, it wouldn’t be out of the ordinary for additional retesting of the blue Range High to occur to grab extra buy-side liquidity in an effort to fuel the next uptrend.

rekt
Source: Rekt Capital on X

Similarly, analyst Jelle highlighted a bullish setup on Bitcoin’s chart, noting a bullish engulfing candle and a potential breakout from a symmetrical triangle structure. They also pointed out that BTC might benefit from a negative funding rate.

jelle
Source: Jelle on X

For the uninitiated, a negative funding rate means short traders are paying long traders, indicating bearish sentiment in the market. This can be bullish for Bitcoin, as it raises the chances of a short squeeze and a potential price rebound.

Related Reading: Bitcoin Deposit Activity Drops To Historic Low As ETFs And Long-Term Holding Gain Ground

That said, investors should remain cautious and watch for signs of bull market fatigue, which could lead to a short-term pullback. At press time, BTC is trading at $106,665, down 1% over the past 24 hours.

bitcoin
BTC trades at $106,665 on the daily chart | Source: BTCUSDT on TradingView.com
Featured Image from Unsplash.com, charts from X and TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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