Woofun AI data shows that Bitcoin's two-month stochastic RSI has declined to 4.81, marking the lowest level recorded in more than three years. Trader Max Crypto noted that this indicator historically confirmed market bottoms during the 2014, 2018, and 2022 bear markets after falling to zero following a bullish crossover, suggesting a potential recurrence in 2026.

Additional analysis highlights traditional RSI signals, with trader BitcoinHyper identifying a bullish divergence between Bitcoin's daily RSI and the S&P 500 Index.

Meanwhile, trader Osemka observed that Bitcoin's daily RSI reached 15 in early June, a rare oversold condition comparable to previous cycle lows, though further retracement remains possible before a final bottom is established.