Markets· ★★★· bullish·

Bitcoin Monthly RSI Rebounds Above 50 From 2026 Lows

  • —Monthly RSI sits near 54 versus a five-month average of about 47
  • —BTC fell 41% from $97,860 to $57,700 in July 2026
  • —Bitcoin is up 51% from the July low, reaching $87,265 this week
  • —Supertrend turned green near $84,000; BTC holds above its 365-day average
Why it matters: The RSI recovery and Supertrend flip point to improving long-term momentum, though the RSI remains far below prior peak levels above 85.
Source: The Crypto Basic