![bitcoin-btc-prices-indicate-overselling-relative-strength-index-suggests](https://cryptotoptrends.com/wp-content/uploads/2023/08/bitcoin-btc-prices-indicate-overselling-relative-strength-index-suggests-678x381.png)
“Bitcoin closed the [last] week with a notable drop below its 200-week and 200-day moving averages, signaling a shift to a bearish trend. From current levels near $26,000, the following area of decline appears to be the last pivot area at $24,700,” Kuptsikevich said in an email.
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