Bitcoin Shows Bearish Divergence Around $80K

Bitcoin is trading around $78K and is again approaching the psychological resistance of $80K. Analyst rektcapital sees a pattern on the daily chart that points to a possible hidden bearish divergence. The combination of a lower price peak and a higher RSI value compared with May 2026 is the key. Only when Bitcoin sets a new higher price peak will this signal disappear.

Bitcoin is available at OKX and Bybit.

In brief:

• The February and June 2026 bottoms were at the same price level and with comparable RSI values.
• During the current advance toward $80K, the RSI is clearly more overbought than at the peak in May 2026.
• Rektcapital signals a hidden bearish divergence on the daily chart as long as Bitcoin does not form a new higher price peak.

Two bottoms, one pattern

Rektcapital points to a striking similarity between the February and June 2026 bottoms. On both occasions, Bitcoin fell to roughly the same price level, shown in the green zone on the chart. The RSI also reached similar oversold levels on both occasions. Each time, a recovery move toward approximately $80.000 followed.

Earlier this week, Bitcoin already dropped to $77.5K, further illustrating the importance of the support zone around those bottoms. The recovery of the past few weeks fits the pattern described by rektcapital.

RSI points to hidden bearish divergence

Although the price is forming a lower peak during the current advance than in May 2026, the RSI is actually higher. That difference lies at the core of what rektcapital calls a hidden bearish divergence. In such a pattern, the RSI runs ahead of price and suggests that the upward pressure is weaker than the indicator implies.

According to the analyst, this divergence remains in force as long as Bitcoin fails to rise above the previous price peak and thereby form a new higher peak. The resistance around $80K plays a decisive role in this. Earlier, another analyst looked at a possible bottom on the weekly chart at $79K, indicating that this price level is being closely monitored by multiple technical analysts.

Bitcoin is currently at $77K, down 0.9% in the past 24 hours. Whether the price manages to break through the $80K resistance and thereby neutralise the bearish signal will become clear in the coming days. Earlier it already became apparent that more holders are recording losses than profits despite the recovery to $79K.