Bitcoin’s weekly Relative Strength Index (RSI) has dropped near 30, aligning with past instances that preceded significant multi-month price increases and recovery phases. This current structure mirrors prior setups characterized by sharp selloffs, extended reactions, and depressed momentum, suggesting potential for an upward rebound. U.S. buying pressure is increasing as Coinbase Bitcoin Premium flips positive, reflecting renewed demand and technical indicators of a recovery. 80% of past events show the RSI at this level followed by significant price increases. The market may be poised for a move towards the $130,000-area based on these historical parallels. A similar pattern was observed during the 2020 and 2022 cycles, both of which saw Bitcoin break through major market turning points.