Bitcoin RSI Hits Record Low as Analysts Flag Potential 'Cycle Reset' Post Pre-Halving Peak

Bitcoin's weekly Relative Strength Index (RSI) has dropped to a historic low of 25.7, signaling the most oversold condition in the asset's history. Alongside this technical milestone, analysts are now flagging a potential 'cycle reset' for Bitcoin following recent volatile price action. This shift in narrative follows indications that market cycle timing is changing, particularly after the unusual price peak recorded before the halving event. While Bitcoin showed initial signs of a bounce from the $62,700 level, persistent outflows from spot ETFs and macro headwinds continue to weigh on sentiment. Experts suggest that this structural reset could be a necessary phase to establish a firmer base for medium-term growth. Traders are closely watching whether these extreme technical readings will confirm a cycle bottom despite the shifting market dynamics.