Bitcoin is flashing new signals that have caught the eye of analysts. According to Cointelegraph, technical analysis is pointing to a potential end of the macro downtrend that’s been dominating the market.

Bullish RSI Divergence on the Weekly Chart

One of the big factors right now is the Relative Strength Index (RSI) on the weekly timeframe. Analysts have spotted a bullish divergence—where price sets fresh lows, but RSI prints higher lows. This kind of signal is often seen as an early sign that the trend could be flipping.

Echoes of Past Market Cycles

The report highlights that this setup looks a lot like previous moments in Bitcoin’s history. Back then, a bullish RSI divergence came before a reversal and the start of a new rally. Still, the authors stress that technical signals don’t guarantee the same playbook will repeat.

Focus on Long-Term Indicators

Traders and investors are watching closely to see if Bitcoin can finally break out of its extended downtrend. The weekly RSI action remains one of the key signals for anyone tracking the market right now.