S&P 5007,489.72▲0.7% Nasdaq25,373.85▲1.0% Dow52,485.03▲0.5% Russell 2K2,931.34▼0.5% 10-Yr4.75%+8bp VIX15.99−1.10 WTI$86.80▲3.8% Gold$4,098.60▼0.0% EUR/USD1.153▲0.5% BTC$63,780▲0.5% Nikkei61,867▲0.7%
At close · Fri, Jul 31, 2026
Daily Market Updates.

Crypto

HomeCryptoMarket StructureBitcoin bear-market bottom may arrive when 2-month Sto…

Bitcoin bear-market bottom may arrive when 2-month Stoch RSI hits zero

A trader cited TradingView data showing the two-month Stoch RSI dropped to the sub-30 oversold zone during March, and is now at 4.81.

Bitcoin may be nearing a bear-market bottom if a two-month stochastic RSI (Stoch RSI) metric repeats prior patterns, according to a trader cited by Cointelegraph.

Cointelegraph reports that trader Max Crypto forecast the end of the 2026 bear market when the Stoch RSI hits a new swing low, arguing that past periods saw BTC bottom when the 2M Stoch RSI reached zero after bullish crosses.

Cointelegraph also pointed to TradingView data that the two-month Stoch RSI is measuring 4.81, after having dropped into the sub-30 oversold zone during March, levels last seen just over three years ago.

Other traders referenced by Cointelegraph said BTC/USD has been holding above $60,000, including discussion of bullish divergence versus the S&P 500 and the idea that a deeper RSI retracement could still occur.

Latest closeBitcoin $63,780.28 ▲0.5%|S&P 500 7,489.72 ▲0.7%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.