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Bitcoin shows signs of trend reversal resembling 2022 bear market bottom

Bitcoin is showing a bullish divergence on its weekly relative strength index similar to the 2022 bear market bottom, reviving expectations the medium- to long-term downtrend could end. TradingView data show the weekly RSI moving like mid-2022, when the bear market ended about six months later. The weekly RSI has climbed to 58.3, its highest since the October 2025 record high. Daily RSI near 83 signals near-term overheating.