Bitcoin Prints Classic Bottom Signals As BTC Nears $101k Reclaim

Bitcoin nears two-month highs as RSI divergence and a bullish MACD cross build, with BTC eyeing $101,000 as the next major reclaim level for trend confirmation.

Bitcoin (BTC) bull signals are persisting as price hits new two-month highs near $98,000.

Bitcoin price leading indicators point to bullish continuation after two-month highs.

The overall price environment is looking better than at any point since the start of October.

2026 may end up a “bear market year” unlike any other.

Data from TradingView reveals that Bitcoin’s relative strength index (RSI) continues to point to BTC price upside.

Leading indicators remain on the side of Bitcoin bulls as RSI joins moving average convergence/divergence (MACD) in showing renewed strength.

On hourly timeframes, RSI is printing a hidden bullish divergence, where the indicator makes a lower low while the price makes a higher low. Last week, a similar setup was observed on the four-hour chart as BTC/USD tested $90,000 support.

At the time, RSI readings spawned a $105,000 BTC price target. While this appears off the table for the time being, the indicator itself is anything but bearish.

“RSI is now above 50, confirming the birth of a new uptrend. Send it higher,” trader Jelle wrote in an X post examining three-day timeframes.

Source: CoinTelegraph