Bitcoin Could Enter New Expansion Phase as Stochastic RSI Turns Bullish Near $123K

• Bitcoin shows renewed expansion after oversold readings align with historical bullish cycles.

• Stochastic RSI has turned upward on the weekly chart, signaling a bullish crossover and strengthening momentum.

• BTC trades near $123,208 with market cap ~ $2.45T and 24h volume ~$59.85B (CoinGecko data).

Bitcoin expansion phase: BTC shows oversold reversal and bullish momentum near $123K — read the technical update and next steps.

What is Bitcoin’s current expansion phase signal?

Bitcoin expansion phase signals arise when oversold oscillators reverse and price structure resumes upward progression. On weekly charts, BTC’s Stochastic RSI has crossed bullish, and cyclical accumulation-shakeout-expansion patterns are repeating, indicating renewed investor participation and potential continuation toward previous cycle highs.

How did technical structure and market cycles lead to this view?

Market structure shows consecutive upward legs separated by short consolidations. Technical analyst Mister Crypto observed repeated oversold events followed by recovery and rallies. This pattern—accumulation, shakeout, expansion—has been consistent since early 2023, suggesting similar dynamics are present now.

Bitcoin enters a new expansion phase as oversold indicators turn bullish, signaling renewed momentum and cyclical growth near $123K.

• Bitcoin shows renewed expansion as oversold indicators align with previous bullish cycle structures.
• Stochastic RSI turns upward, confirming a bullish crossover and signaling strengthened market momentum.
• BTC trades near $123K with cyclical growth patterns repeating, supporting continued upward progression.

Bitcoin (BTC) shows early indications of beginning a new expansion phase after repeated oversold readings on major market indicators. The BTC chart continues to display a cyclical pattern of accumulation, shakeout, and expansion stages, maintaining structural consistency with previous bullish phases observed since early 2023.

Why does the oscillator movement matter for BTC?

The stochastic RSI measures momentum extremes and timing for reversals. When the Stoch RSI turns upward from oversold levels, it often precedes renewed buying pressure. Kamran Asghar reported the weekly Stochastic RSI crossing bullish, which historically has aligned with multi-week structural recoveries in BTC.

Technical Structure and Market Cycle Behavior

Mister Crypto noted that Bitcoin’s price pattern forms consecutive upward structures separated by short consolidation periods. Each expansion phase has historically followed an oversold condition on the oscillator indicator, signaling renewed buying activity. Since early 2023, four oversold events have appeared, each leading to a recovery and subsequent rally.

Green zones on the chart mark expansion periods, while red boxes represent shakeout phases before upward continuation. The most recent cycle again shows an oversold reading forming near the lower boundary, consistent with previous market behavior. Mister Crypto added that this technical setup “mirrors the early stages of prior expansion patterns,” suggesting structural continuity in Bitcoin’s market performance.

Bitcoin traded near $123,208 at the time of writing, recording a 0.7% increase in the past 24 hours. The trading range was between $121,235 and $124,072 with moderate daily volatility. Market capitalization reached $2.45 trillion, according to CoinGecko data, with 24-hour trading volume totaling $59.85 billion.

The chart displays a recurring sequence of growth phases between 2022 and 2026, with price gains of +99%, +28%, +96%, +91%, +106%, and +66% across different intervals. Each upward leg occurred after temporary pauses, reinforcing Bitcoin’s cyclical expansion pattern.

When should traders consider positioning?

Traders typically consider exposures after confirmation of structure and momentum. Look for sustained weekly Stochastic RSI above its trigger and price holding above recent consolidation ranges. Risk management is essential—use defined stop levels and position sizing aligned with volatility.

Frequently Asked Questions

Is Bitcoin entering a new bull phase?

Bitcoin shows signs of starting a new expansion phase as oversold indicators reversed and the Stochastic RSI crossed bullish. Historical cycle structures suggest continued upside if momentum and liquidity remain supportive.

How reliable is the Stochastic RSI for weekly signals?

The weekly Stoch RSI is a useful momentum filter; a bullish cross from oversold territory has historically preceded sustained recoveries in BTC, but it should be used with price structure and volume confirmation.

Key Takeaways

• Expansion signal: Oversold indicators reversing indicate a likely early expansion phase.
• Momentum confirmation: Weekly Stochastic RSI turned bullish—watch for sustained confirmation.
• Actionable insight: Consider measured positioning after structure and momentum confirmation; prioritize risk management.

Conclusion

Bitcoin’s technical readings point to an early expansion phase, with oversold indicators reversing and cyclical patterns repeating. Market participants should watch weekly Stochastic RSI and price structure for confirmation. COINOTAG will continue to monitor developments and provide updates as new data emerges.

Published: October 8, 2025 — Updated: October 8, 2025 | Author: COINOTAG