2025-12-28 13:23:33

Bitcoin weekly outlook:

The Stochastic RSI indicator is trading at deeply oversold levels right now. If BTC can push decisively above the 20 mark, we'd likely see a reversal in momentum kicking in. That's where my radar is on – targeting at least a B-wave rally from there.

That said, the possibility of another swing low forming in wave-a structure is still very much in play. Price action over the next few candles will be crucial. Watch that 20 RSI level closely – a clean break above could open the door to some real upside moves.

BTC-0.14%

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FlashLoanKing

· 7h ago

Stoch RSI is so deeply oversold, breaking below 20 is basically impossible... I'll just wait and see how the price reacts before making any decisions.

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NftDeepBreather

· 7h ago

It's the same old oversold routine. Can it really rebound this time? The last time I said that, it just kept dropping all the way down😅

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ChainWanderingPoet

· 7h ago

Stochastic RSI at the 20 level is really critical. If it can't break through, it has to keep testing the bottom. Only after breaking through can there be a chance for wave B. It all depends on these few candlesticks.

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ChainSherlockGirl

· 7h ago

Oh no, RSI has dropped to this level. If the 20 level can't be broken, it will be interesting... Based on my analysis, the next move depends on what story these few candlesticks tell. Will B-wave rebound or continue to test the bottom? It all depends on whether the price gives face or not.

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FOMOmonster

· 7h ago

The manipulated data is back again. I just want to know if this time the 20-line can really break through lol

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GasFeeTherapist