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<div class="key-points-section"><b>What to Know:</b><ul><li>Analyst: Bitcoin's RSI breaks downtrend, strong resistance likely.</li><li>Bitcoin faces potential resistance near $90,000.</li><li>Market reactions mixed, volatility remains possible.</li></ul></div><figure class="wp-block-image aligncenter size-large"><a href="https://bitcoininfonews.com/wp-content/uploads/2025/03/retro-bitcoin-rsi-downtrend-thumbnail.jpg" rel="noopener noreferrer nofollow"></a><figcaption class="wp-element-caption"> Bitcoin RSI Breaks Downtrend Amid Resistance Concerns </figcaption></figure><h2 id="bitcoin-rsi-breaks-daily-downtrend">Bitcoin RSI Breaks Daily Downtrend</h2><p>Bitcoin's <strong>Relative Strength Index (RSI)</strong> recently broke its daily downtrend, a critical signal for potential market movements. Analysts have cautioned that Bitcoin faces <strong>strong resistance around the $90,000</strong> level, posing challenges.</p><p>The event involved significant shifts in Bitcoin's market dynamics, notably the RSI breaking a key trend. This shift may influence investor sentiment, with potential implications for future market behavior.</p><blockquote> "One of the most accurate mid-term indicator is bullish now. Expecting BTC to go back above $100,000 in Q2 of 2025!" — Robert Mercer, Crypto Analyst
</blockquote><h2 id="investor-sentiment-mixed-amid-resistance-signs">Investor Sentiment Mixed Amid Resistance Signs</h2><p>Bitcoin's market saw <strong>increased attention</strong> following the RSI shift, leading to mixed reactions among investors. While some view this as a buying opportunity, others remain cautious about future volatility. Market analysts have highlighted the significance of the <strong>strong resistance</strong> ahead as Bitcoin approaches key levels, suggesting continued scrutiny from traders.</p><p>Bitcoin, identified as BTC, currently has a price of $87,387.40 according to CoinMarketCap data. It holds a market cap of approximately $1.73 trillion, dominating 60.5% of the market. The fully diluted market cap stands at about $1.84 trillion. Over the past 24 hours, Bitcoin saw a trading volume of $29.87 billion, marking a decrease of 13.97% from the previous day. Recent price changes include a 0.11% increase over the last 24 hours and 5.67% over the last 7 days. In terms of supply, Bitcoin has a circulating supply of 19,841,981 coins out of a maximum of 21,000,000, with data last updated by CoinMarketCap on March 25, 2025.</p><blockquote class="twitter-tweet"><a href="https://twitter.com/rektcapital/status/1901654360683143318" rel="noopener noreferrer nofollow"></a></blockquote><h2 id="historical-rsi-breakouts-and-market-movements">Historical RSI Breakouts and Market Movements</h2><p>Historically, <strong>Bitcoin has experienced similar RSI breakouts</strong>, often preceded by significant price movements. These occurrences typically signal increased investor interest and market volatility, drawing attention to potential future trends.</p><p>Experts suggest that, based on historical patterns, Bitcoin might face <strong>intense trading activities</strong> around resistance levels. The RSI's break is viewed as a potential catalyst for further market shifts, contingent on overcoming impending resistances.</p><blockquote class="twitter-tweet"><a href="https://twitter.com/MatthewHyland_/status/1903801996781424669" rel="noopener noreferrer nofollow"></a></blockquote><a href="https://bitcoininfonews.com/bitcoin-rsi-downtrend-resistance/" rel="noopener noreferrer nofollow">Read original article on bitcoininfonews.com</a>

Bitcoin RSI Breaks Downtrend Amid Resistance Concerns

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