$BTC (Bitcoin) Technical Analysis: Identifying Key Reversal Zones
Current price action is moving exactly as outlined in the 2026 outlook for Q1.
Two paths ahead:
A bear-market B-wave rally, or
A final push to new ATH if this is just a 4th-wave low
RSI check:
Weekly RSI near oversold (33), close to 2022 bottom levels
Daily RSI is oversold — usually a buyable dip and good for a bounce
🚀 A move toward $100K+ is possible, but confirmation is key:
Need a clean 5-wave move up
Break above $80K, and ideally $84.5K, to confirm strength