Bitcoin’s momentum indicator is flashing a warning signal that could rattle bulls. The Relative Strength Index (RSI) is showing signs of weakening, hinting at potential downward pressure. This often precedes price drops, especially when combined with broader market uncertainty.

For traders, this means caution is key. If the RSI continues to decline, Bitcoin might struggle to hold key support levels. Watch for any signs of a breakdown below $60,000, as that could trigger a sharper correction.

However, not all signals are bearish. If Bitcoin can reclaim its momentum and push the RSI back above neutral levels, it could reignite bullish sentiment. For now, stay alert and manage risk carefully. The next few days could be crucial for $BTC’s direction.

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