Bitcoin (BTC) may be poised for a breakout as key indicators show promise amid market speculation. Data from Cointelegraph Markets Pro and TradingView has revealed that the relative strength index (RSI) has reached its highest levels since January, suggesting the possibility of substantial price increases. Historically, Bitcoin bull runs often begin with distinct RSI signals. Current conditions indicate that a classic Bitcoin price rebound may be imminent, making it essential for traders to monitor their positions closely as the market dynamics shift.