Bitcoin's weekly relative strength index (RSI) remains below the critical 41.5 level that has historically separated bull and bear market regimes, indicating the cryptocurrency has not yet bottomed, according to crypto data analytics platform Material Indicators. The RSI, a momentum gauge ranging from 0 to 100, shows readings above 70 as overbought and below 30 as oversold. For bitcoin, the 41.5 level has consistently acted as a dividing line across multiple cycles: during bull runs from January 2024 to November 2025 and earlier periods, the RSI held above 41.5, while bear markets like late 2018 and May-December 2022 saw it below. As of writing, bitcoin trades near $63,000 with a weekly RSI at 34.00, still trending down. Analyst Keith Alan notes that while a recovery above 41.5 would confirm a bottom, the current reading means the burden of proof remains on bulls. A further drop below 31.89 would signal more losses ahead. Traders await this indicator to distinguish between a genuine new bull run and a temporary relief rally within a broader downtrend.

Key facts

• Bitcoin weekly RSI at 34.00, below the 41.5 bull-bear divider, indicating no bottom yet.
• Recovery above 41.5 would confirm a bottom; drop below 31.89 signals further losses.
• Historical pattern: RSI above 41.5 during bull runs, below during bear markets since 2015.
• Analyst says burden of proof on bulls until weekly RSI clears the critical level.

KeyAudit data perspective