{"content":"🔥 Is the Bitcoin Bull Run Back… or Just Bluffing? RSI Sends Mixed Signals From under the $85,000 mark to as high as $104,700 over the last month, the price of Bitcoin has been on quite the roller coaster since mid-April. Particularly via the BTC exchange-traded funds (ETFs), the biggest cryptocurrency market saw a favorable change in investor attitude and a new infusion of cash. Fascinatingly, the top cryptocurrency looks to be displaying some tiredness, particularly after failed attempts to break out from the $102,000 - $105,000 consolidation region during the previous week. This slow cycle of price movement has put into doubt the validity of the recent optimistic surge. Tony Severino, a chartered market technician (CMT), visited the X platform to provide a fascinating analysis of Bitcoin's price behavior throughout the last two weeks. The crypto analyst claims that the price of BTC could be lacking a conventional technical behavior, usually connected with strong bullish impulses. This finding has logical basis in the recent movement of the daily relative strength index (RSI) signal on the Bitcoin price chart. In technical price research, the relative strength index is a momentum indicator used to project the pace and scale of price fluctuations of an asset. Usually used to indicate a possible trend or price reversal, the RSI oscillator helps one to determine if a crypto asset is being overbought or oversold. A relative strength index number below 30 denotes an oversold position; an RSI score of over 70 often suggests an overbought market scenario. BTC is worth around $103,676 as of right now, showing no notable price swings in the previous 24 hours. The slowness of the previous day emphasizes the performance of the top cryptocurrency throughout last week. Data from CoinGecko shows that over the last seven days, the Bitcoin price has risen only 0.8%. #BTC #BinanceAlpha$1.7MReward #EthereumSecurityInitiative #MastercardStablecoinCards #CryptoRegulation $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/18/31baa358ab0d43899f889208c866fc65.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}