Bitcoin RSI Hits Historic Lows, Analyst Calls It Prime Accumulation Opportunity
The Relative Strength Index, or RSI, is commonly used to gauge buying and selling momentum, with low readings typically indicating that a market is oversold. Analyst Michael van de Poppe said Bitcoin’s two-week and daily RSI readings have simultaneously fallen to historic lows, creating a rare long-term accumulation signal with important implications for assessing whether the market is approaching a cycle bottom.
The latest on-chain data shows that large holders with 1,000–10,000 BTC collectively added more than 53,000 BTC over the past 60 days, suggesting whales are positioning themselves amid price weakness. Van de Poppe also warned that Bitcoin could still fall below $60,000 in the short term, but argued that the current risk-reward profile presents a rare buying opportunity.
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The history behind this eventBitcoin’s Weekly RSI Stays Below Key 41.5 Level, Leaving Bull-Market Signal Unconfirmed
The Relative Strength Index, or RSI, measures buying and selling momentum. Material Indicators analyst Keith Alan said the 41.5 level on Bitcoin’s 14-week RSI repeatedly served as support during the bull markets of 2015–2017, 2020–2021 and January 2024–November 2025. Whether the indicator can reclaim that threshold is therefore an important gauge of whether Bitcoin has shifted from a bear market to a bull market.
CoinDesk reported on June 12, 2026, that Bitcoin had rebounded from below $60,000 and briefly climbed to $64,000, but its 14-week RSI remained below 41.5 and continued to fall. Keith Alan said bulls had yet to prove that the trend had reversed. If the RSI falls below the previous week’s 31.89 reading, the price could undergo a further correction, and investors may want to wait for a clear bottoming signal.
Bitcoin RSI Falls Below 30, Signaling Oversold Conditions and Potential Rebound
The relative strength index (RSI) measures price momentum. A 14-day reading below 30 typically indicates that Bitcoin has been oversold and selling pressure may be nearing exhaustion, though it does not mean the market has bottomed. During the March 2020 pandemic crash, the RSI fell to about 15.56 before Bitcoin rebounded roughly 50%, making the latest signal an important gauge for assessing a potential stabilization.
Cointelegraph reported on June 6, 2026, that Bitcoin’s daily RSI had dropped to about 15.5, its lowest since March 2020, after the cryptocurrency lost roughly 30% in the past month. If Bitcoin holds above $60,000, it could rebound to around $70,650. CoinDesk cited Monarq on June 3 as saying a break below $60,000 could send Bitcoin toward $45,000, while QCP Capital said it must establish itself above $67,000 to restore bullish confidence.
Bitcoin RSI Pattern Closely Matches End of 2022 Bear Market
Bitcoin began to recover after emerging from its bear market in late 2022, when its stochastic RSI turned higher from oversold territory. Analyst Quantum Ascend used that cycle as a benchmark and said the momentum indicator was repeating its historical pattern, prompting market interest in whether BTC has finished forming a bottom.
Quantum Ascend's latest analysis said Bitcoin's current stochastic RSI pattern “nearly perfectly” matches the final stage of the late-2022 bear market, with highly similar oversold and rebound conditions. The analysis provided no BTC price target or specific amount. For now, it suggests only that a bottom may have formed, subject to confirmation from subsequent price action.
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