Analysis: Bitcoin Has Not Been "Overbought" Since Late 2024, Bear Market May Have Lasted Over a Year

Odaily News Analysis shows that Bitcoin's 14-day Relative Strength Index (RSI) during 2025 and since late 2024 has never entered the historical overbought territory. This relationship between price and RSI suggests that the previous Bitcoin cycle peak may have occurred in November 2024, with subsequent market movements entering a bear market phase. This also implies that the bear market may have persisted for over a year. (Bitcoin News)