Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'

Quick Summary:

Source: Cointelegraph/TradingViewAmong those monitoring the topic is popular trader and analyst Rekt Capital.“Bitcoin has successfully retested red as support & the Daily RSI Higher Low continues to maintain itself as well,” he commented alongside a chart in an X post this weekend.“Growing signs of a maturing Bullish Divergence here, with price just below the key Price Downtrend (blue).”BTC/USD 1-day chart with RSI data.

Uploading a chart of the median yearly price path for BTC/USD, he concluded that this year was a firm underperformer.“Half the days are above the blue line and half are below it. This April is obviously a 'below' month,” part of accompanying commentary read.“That is almost certainly not going to change, given the level of interest rates and other risk factors at work in the market and economy.”BTC price seasonality.

Meanwhile, fellow analyst Kevin Svenson captured similarly promising signals on weekly RSI this week.“Once confirmed, weekly RSI breakout signals have proven to be among the most reliable macro breakout indicators,” he told X followers. “6 Days until full confirmation.”BTC/USD 1-week chart with RSI data.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Cointelegraph by William Suberg

Category: Crypto

Markets: United States

Topics: Price Highs Cointelegraph Bullish Bitcoin Data Chart Capital Signals Breakout Btc/usd

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 11:30:01 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 516 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27915980

View Article Analysis

About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 23 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions