Bitcoin Monthly RSI Falls to 56.5, Nearing Bull-Bear Threshold at 55

Bitcoin's monthly RSI dropped to 56.5 after a 20% decline over the past three months, approaching a historical bull-bear boundary near the four-year average of 58.7, CryptoQuant analyst Axel Adler Jr said on Dec. 25. He noted the next one to two months will be critical to monitor whether the indicator holds above 55. Maintaining this level could allow room for a rebound, while a sustained break below 55 would raise the risk of a deeper price decline, Adler added.