Bitcoin’s market momentum is showing significant signs of a potential breakout, as its Relative Strength Index (RSI) reaches multi-month highs. According to Cointelegraph, this surge in price suggests that the Bitcoin bulls are ready for action. This bullish indicator historically precedes major price rebounds during Bitcoin bull runs. Recent analysis shows daily timeframes indicate favorable conditions for a BTC price rebound, with the RSI’s trendline indicating a clear divergence from falling lows in the price. 50% was successfully tested and retested as support before reaching new multi-month highs. Traders like Rekt Capital have noted this positive development, highlighting the successful retest of support and sustained higher lows in the RSI.