Bitcoin: Why a Rare Chart Signature Points to the Next Bull Run

Last week, Bitcoin had a truly strong performance—climbing from around $64,000 to nearly $80,000. Naturally, all eyes are on the latest news: the U.S. government plans to double its bond buybacks, and even Donald Trump met with crypto industry figures at the White House. But if you take a step back and analyze the chart from a long-term perspective, something far more intriguing emerges: a rare bullish divergence—a pattern last seen over a year ago.
Yes, the news has been positive: since August 19, the U.S. Treasury has been purchasing more long-term bonds, and the SEC is working on new crypto regulations. Trump’s meeting with industry leaders sent market sentiment soaring. But that’s not the only reason behind the surge. For months, something has been visible on Bitcoin’s weekly chart that many have overlooked: a bullish divergence.
What does this mean? Simply put: while the price has continued to fall, the Relative Strength Index (RSI)—a key indicator of market sentiment—has not followed suit. As the price hits new lows, the RSI forms higher lows. This suggests that selling pressure is weakening even as the market remains under pressure. While such divergences appear more frequently on shorter timeframes, they are exceedingly rare on weekly charts—and even rarer when they directly signal a trend reversal.
This divergence is the first of its kind since January 2023—and at the time, it preceded a strong recovery. This indicates that Bitcoin’s current rally isn’t just a reaction to external f



actors; it also signals an improving market sentiment. The persistent selling pressure that has weighed on Bitcoin for months appears to be easing.
Jonatan Randin of PrimeXBT explains: “When the RSI forms a bullish divergence on the weekly timeframe, it’s a strong signal that the downtrend is losing momentum.” This doesn’t mean the next bull run is imminent—but it does suggest that the foundation for a sustainable recovery is being laid.
For investors, this could be a crucial signal: the current rally isn’t just short-term hype but part of a larger cycle. The combination of technical strength and fundamental momentum—whether driven by political support or central bank actions—could pave the way for further gains.
But caution is warranted: Bitcoin remains a highly volatile asset, and external shocks could still disrupt the trend. Still, the current chart formation clearly indicates that bearish dynamics are weakening. If the RSI continues to rise and the price holds above $80,000, it could serve as a strong signal of a sustained upward trend—similar to what we saw last year.
Conclusion: Last week’s news was certainly a catalyst for the rally, but the rare bullish divergence on the weekly chart is the real sign of optimism. It shows that Bitcoin’s market is not just relying on external factors but is slowly recovering on its own. For investors, this could be a reason to reassess their strategies—and prepare for a potential continuation of the bull market. Stay vigilant, but follow the signals.