Bitcoin Market Signals Flash Mixed Outlook as Monthly RSI Hits 2018 and 2022 Bear-Market Levels

Analysts report that Bitcoin's 1-month RSI has fallen to levels last seen at the 2018 and 2022 bear market lows, while the Copper-to-Gold ratio sits in its longest downturn since Bitcoin's inception. On-chain data show the NUPL-MVRV Harmonic Composite at 0.33, above the roughly -0.5 readings seen at past capitulation points, suggesting sellers may not be fully exhausted. Rising cycle lows point to a maturing market, leaving Bitcoin in a late-stage consolidation where signals are aligning but a confirmed bottom is still unclear.