List of Flash News about Weekly RSI 41
| Time | Details |
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2025-11-24 20:41 |
Bitcoin (BTC) Weekly RSI Triggers 100% Bear-Market Validator; 21-Month SMA Hold vs 50-Week SMA Loss — Key Levels $82.5k, $80.5k, RSI 42
According to @MI_Algos, Bitcoin closed the week above the 21-Month SMA, but only a monthly close above that level would matter for trend validation, while price briefly dipped below before recovering (source: @MI_Algos). Losing the 50-Week SMA with a second consecutive weekly close below it validates that the bull trend is broken on a weekly basis (source: @MI_Algos). The Weekly RSI losing 41 support and printing a second consecutive close below 41 has historically validated bear markets 100% of the time when it occurred in BTC, making it the most reliable macro indicator cited here (source: @MI_Algos). Near-term support at the Q2 2025 Timescape level around $82.5k and the 100-Week SMA was pierced by a wick to $80.5k, potentially an overshoot but with low confidence to hold without further confirmation (source: @MI_Algos). A recovery requires reclaiming the Yearly Open, 50-Week SMA, and 21-Day SMA, plus a Weekly RSI close back above 42 to confirm the bottom; until then, current price action resembles a bear-market exit rally (source: @MI_Algos). Given knee-jerk reactions to data and headlines, volatility is expected to amplify, so traders should prioritize these technical levels over narratives (source: @MI_Algos). |