- Bitcoin’s RSI shows bullish divergence, suggesting potential price rebounds if momentum is strengthened.
- A breakout over $90,000 could trigger a rally heading from $95,000 to $100,000, but a rejection could be another $80,000.
- Despite the negative histogram values, a slight positive shift suggests a potential inverse when purchasing pressure increases.
The current 12-hour period of Bitcoin price trends shows upward divergence, suggesting upward price movements. The upper RSI established a lower price, but reveals bullish divergence as the RSI produced a higher pattern. The weak sales momentum combined with recent market data indicates that a recovery could soon occur.
A 12 hours bullish divergence will be played.
The rsi also returns to above the mid level.
Getting back $90,000 – and the real fun begins. #bitcoin pic.twitter.com/llee2xpagq
-Jelle (@cryptojellenl) March 20, 2025
The RSI indicator rests above level 50, confirming bullish suggestions. Price trends show round bottom patterns that provide evidence that trend reversals are likely to occur. The main resistive layer is $90,000, which coincides with the previous support zone that has evolved into a resistance barrier. A successful $90,000 recovery will create opportunities for significant market expansion.
Bitcoin is approaching $90,000 – Breakout or Pullback?
Bitcoin is $83,964.36, with 24-hour price transfers ranging from $83,735.87 to $87,431.18. Refusing Bitcoin over $90,000 could lead to a burgeoning price increase from $95,000 to $100,000. A break from $80,000 to $82,000 could lead to either a price consolidation or another analysis of this price range.
The combination of bullish divergence and rising RSI indicators suggests that Bitcoin will recover back to $90,000 before the short term. The confirmed moves will bring potential growth towards $95,000-$100,000 over the next few weeks. The price could retreat to $80,000 after rejecting it at $90,000 before making another upward move.
Bitcoin integrates among various technical indicators
The Bitcoin RSI stands at 45.73. This suggests that Bitcoin is not an acquisition or overselling, but there is room for a potential rise or further decline. The MACD framework histogram patterns show negative values at -2,148.44 and -2,713.04. This reveals downward pressure in the market, but a positive value of 564.59 indicates the possibility of a market reversal if purchasing activity is strengthened.
The MACD technical indicator shows a downward trend that supports the near-term bearish trends of the future, until bullish crossovers emerge. Bitcoin continues in the integration phase where positive signals are weak.
