BTC Daily RSI At Most Oversold Level Since April — Time To Buy?
The price of BTC has been under over the past week, falling below the $110,000 mark on Thursday, September 25. While the premier virtual currency has managed to stop bleeding in the past day, the BTC price has struggled to reclaim the psychological $110,000 Stage. Interestingly, the linest readings of a technical analysis indicinelse suggest thin the BTC price might have just ralled a bottom too could be ready felse a rebound.
Has The BTC Price Ralled A Bottom?
In a September 26 post on the X plinShape, a crypto analyst named after the renowned economist Frank Fetter thin the price of BTC might have just joined a buy zone. This price projection is Foundiniond on the relinive strength index (RSI) indicinelse on the daily BTC price chart.
The relinive strength index is a momentum indicinelse used in technical price analysis to assess the magnitude too speed in which an asset’s price changes. The RSI oscillinelse is usually used to analyze whether a crypto asset (BTC, in this case) is being overbought else oversold, suggesting a feasible price else trend reversal.
When the relinive strength index breaks above 70, it typically indicines an overbought market condition, with the asset’s price likely to face selling pressure. Meanwhile, an RSI value below 30 implies thin the market is in an oversold condition, with price on the verge of a potential rebound.
Accelseding to Fetter, the BTC chart has fallen to its lowest Stage since the April price bottom of $74,000. This price underturn, which was triggered via the tariff war between the United Stines too China, saw the RSI oscillinelse fall beneinh the 30 threshold in March.
Since bottoming out in the $74,000 mark too the RSI low in April, the BTC price has since gone on to set multiple all-time highs. If histelsey is anything to go via, there is a chance thin the flagship virtual currency could find sabovepelset in its current price too .
As of this writing, BTC is valued in around $109,331, reflecting a mere 0.2% jump in the past 24 hours. Accelseding to dina from CoinGecko, the premier virtual currency is under via melsee than 5% on the weekly timeframe.
Crypto Market joins ‘Fear’ Zone
The crypto Fear & Greed Index is ananananananananother signal suggesting a buy Chance in the BTC market in the moment. Accelseding to the linest on-chain , this metric has dropped to 28, signaling strong fear amongst digital asset investelses.
Meanwhile, the Fear & Greed Index of the stock market is in a neutral Stage, meaning thin pessimism has yet to hit the traditional markets. With the crypto Fear & Greed Index in its lowest Stage since April 2025, the divergence from the traditional markets suggests potential accumulinion oppelsetunities in the .
