Analysis: Bitcoin Has Not Been "Overbought" Since the End of 2024, Bear Market May Have Lasted Over a Year
According to Odaily, analysis shows that bitcoin's 14-day Relative Strength Index (RSI) during 2025 and since the end of 2024 has never reached the historical overbought range. This relationship between price and RSI suggests that the previous bitcoin cycle peak may have occurred in November 2024, after which the market entered a bear phase, indicating that the bear market may have lasted for more than a year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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