RSI
14-period
The RSI(14) has been climbing steadily, moving from 37.6 on December 22 to 41.6 by December 29, which suggests buyers are starting to pick up steam. Right now, the reading sits above 30—the oversold line—and shows some upward momentum. It's still below 50, but the steady climb from deep oversold territory hints at a possible bullish shift. Pair that with the price holding steady near 91,500 after a recent consolidation phase following a downtrend, and it's starting to feel like bullish sentiment might be gathering momentum. That said, we're not quite out of the woods yet—RSI's still in neutral territory, so it's smart to wait for more confirmation before getting too excited about a full reversal.
MACD
12,26,9
The MACD's been pointing down lately. As of December 29, 2025, the MACD line (-4743.6) is still well below the signal line (-2229.2), with the histogram sitting at -2514.4—pretty clear signs of a strong downtrend. Over the past few weeks, the MACD numbers have been trending lower, which isn't helping bullish sentiment. Even with a few small rebounds earlier this year, the latest data shows bearish divergence sticking around and momentum fading fast. Price action's also been heading lower, struggling to hold above key support levels. Bottom line: selling pressure's been relentless, and there's not much bullish confidence left in the market.
Bollinger Bands
20-period, 2-SD
BTC's price is sitting at $91,497.1 as of December 29th, 2025, trading below the middle Bollinger Band ($103,483) and inching closer to the lower band ($79,791). It's been staying below that middle band since late November, which tells us the downtrend's holding strong. The bands are spreading out, so volatility's picking up, but the price keeps getting shoved back down near the lower band with no real upward push—so the bearish mood's still in full force. We've seen a clear pattern of lower highs and lower lows lately, which just reinforces that the trend's still heading south. No sign of a breakout above the middle band, and definitely no strong bullish reversals showing up.
MA
5-period, 20-period
Right now, the 5-day SMA sits at 89,300.6, and the 20-day SMA is at 103,483. The closing price of 91,497.1 is below both moving averages, which points to a bearish trend. The 5-day SMA's been trending lower and is now well below the 20-day, really cementing that bearish setup. Plus, the price has been stuck below the longer-term average with no real breakout above the 20-day SMA lately. All this adds up to steady downward pressure and no sign of bullish momentum picking up.
Stochastic Oscillator
14,1,3
The Stochastic Oscillator's looking solidly bullish right now. As of December 29, 2025, %K's at 23.9 and %D's at 19.2—both climbing out of oversold territory (below 20) we saw back in late November. We're seeing %K cross above %D, which tells me buying pressure's really picking up. Prices have settled around 91,500 after bouncing back from November's lows near 80,600. With %K still climbing and no bearish divergence showing up, this uptrend feels like it's got momentum to keep going. Honestly, the market's looking pretty bullish right now.
MFI
14-period
The Money Flow Index (MFI) has been steadily dropping since hitting 79.0 back on July 7, 2025, all the way down to 34.9 by December 29, 2025. Recent readings staying below 47 suggest buyers are losing steam. It's been below the 50 neutral line for over three months now, signaling strong bearish momentum. Even though it briefly flirted with the 50 mark early this year, the bigger picture shows sellers stepping up and the upward momentum fading. The latest MFI reading of 34.9 on December 29 confirms sellers remain in control. Price action has mirrored this with lower highs and lower lows, reinforcing the bearish outlook. With no bullish divergences present, the current market direction remains firmly bearish.