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BITStar2

11/30 02:41

Bitcoin (BTC/USD) Oversold RSI and the Path Toward

Bitcoin (BTC/USD) Oversold RSI and the Path Toward $100K

Bitcoin price prediction is likely to turn bullish as BTC’s weekly RSI is holding at 39 now, in oversold territory. It’s a zone that has historically aligned with major long-term accumulation phases. If Bitcoin can defend the $91K–$92K band, the next major test lies at $98,279, where previous support meets the 0.382 retracement.

A breakout above this zone would confirm a shift in trend strength, allowing BTC to approach $103,574 and the crucial 20-EMA at $105,528.

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Above that level, upside momentum could accelerate. Technical models and wedge-break projections suggest BTC may target $108,845, with the broader range of $115,000–$126,000 opening if buyers regain strong control.

Key upside markers:

  • $98,279: Momentum shift zone
  • $103,574: First technical clearance
  • $105,528: Weekly 20-EMA retest
  • $108,845+: Bullish continuation region
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