Bitcoin’s RSI Hitting New Highs: Could This Signal the Start of a Bull Run?

A key leading indicator for Bitcoin price is flashing bullish signals as the cryptocurrency approaches its all-time high, sparking speculation about potential price gains. Data from Cointelegraph Markets Pro and TradingView indicates that the relative strength index (RSI) has reached levels not seen since January, suggesting a potential continuation of the bullish trend. The RSI breakout suggests that a classic Bitcoin price rebound is underway.