BlockBeats news: On July 14, trader Max Crypto stated that historically, Bitcoin’s two-month cycle Stochastic RSI confirmed market bottoms during the bear markets of 2014, 2018, and 2022 after a bullish crossover followed by a pullback to 0. He believes this pattern “will occur again in 2026.”
TradingView data shows that Bitcoin’s two-month stochastic RSI is currently at 4.81, having previously entered the oversold zone (below 30) in March this year; this level is the lowest in over three years.
In addition, several analysts continue to monitor bullish signals emitted by the traditional RSI indicator. Trader BitcoinHyper noted a bullish divergence between Bitcoin’s daily RSI and the S&P 500 index; trader Osemka pointed out that Bitcoin’s daily RSI dropped to 15 in early June, an extremely rare oversold level historically, resembling patterns seen near previous bear market bottoms—though a deeper pullback before final bottoming cannot be ruled out.