Bitcoin’s RSI entering “exhaustion”

Bitcoin’s relative strength index, or RSI, displays overbought conditions in two out of five timeframes. Bitcoin’s RSI is now at 70 in the 12-hour timeframe and 75 on the daily chart. Other intervals show near-oversold RSI values on the weekly and four-hour timeframes.

Data from TradingView shows BTC’s RSI at 75, 71, 68 and 66 on daily, 12-hour, weekly and four-hour timeframes, respectively. Meanwhile, the Crypto Fear & Greed Index is 78, indicating “extreme greed” conditions.

When investors get too “greedy,” the market is often overdue for a correction. The last time this index was at similar levels was at the height of the Trump-driven pump in December 2024, just before $BTC dropped down from its then-all-time high of around $108,000 and tumbled toward $74,000 in March.