Bitcoin Holds Steady as Weekly RSI Remains Above Historic Buy Zone at 38

Bitcoin’s weekly RSI stays at 38, above the zone that marked major market bottoms since 2015.

Liveliness rises as old coins move, showing strong on-chain activity during the current cycle.

Price holds near $89K with steady liquidity while traders watch for any shift toward RSI 29 levels.

Bitcoin trades in a narrow range as traders watch long-term signals that shaped major cycle floors for ten years. The weekly RSI has marked every broad BTC buy zone since 2015, and each bottom formed when the reading moved below 29. The indicator now stands near 38, so it has not reached that area yet, according to market data.

Long-Term Momentum Holds Above Historic Buy Levels

The weekly chart shows Bitcoin near $89,462 while price action stays inside a wide rising channel. The market shows slower movement, and the RSI continues to move in the mid-range. According to analysis prepared by Ali Charts, earlier market resets formed when the RSI moved far below current levels

Past cycle lows recorded readings near 29 during January 2015, December 2018, and June 2022, and each period showed deep price compression before long rallies formed. The market now trades well above those zones, and the indicator shows repeated mid-range swings across 2024 and 2025

Source: CoinMarketCap

Analysts note that the structure remains stable and liquidity is strong. Bitcoin trades between $89.30K and $89.65K on the daily chart, and the activity shows controlled buying and selling throughout the session. Market cap stands near $1.78 trillion, while trading volume moves above $34 billion as turnover rises.

On-Chain Signals Track Rising Activity in the Current Cycle

A metric called liveliness continues to climb, and analysts say the trend reflects active spending onchain. According to an observation by technical analyst TXMC, the reading shows “a floor of demand for spot Bitcoin that is not reflected in price action.” The metric increases when old coins move, and it falls when long-term holders remain inactive.

Source: TXMC(X)

James Check noted that liveliness has broken above its long range for the first time since the 2017 cycle. He said the new peaks show a stronger return of dormant supply as large values move onchain

Analysts also observed heavier activity, with several billions of dollars shifting across the network during this cycle. The broader market remains steady while the weekly RSI stays above the historic buy zone. Traders continue to watch whether the indicator will approach levels that shaped earlier cycle floors.

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