TREE NEWS update: Bitcoin’s weekly RSI shows bullish divergence, drawing comparisons to the 2022 bottom, suggesting the macro downtrend may be ending. Analysts weigh the potential for a new price trend.
BTC RSI bullish divergence hints at trend reversal
The signal's value lies less in the RSI print itself than in the 2022 comparison, which anchors the bullish case to a specific historical analogue rather than to current demand. That framing matters because it makes the call falsifiable: if the pattern is genuinely analogous, the divergence should resolve into higher lows rather than another leg down. Whether the comparison holds once more weekly closes accumulate is the open question.
Generated by AI for reference only.
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