Bitcoin News Today: Bitcoin RSI Signals Bullish Cycle as SEC Opens 401(k) to Crypto

Generated by AI AgentCoin World
Saturday, Aug 16, 2025 9:24 am ET1min read
Aime RobotAime Summary

- Bitcoin's RSI forms a bullish "W" pattern near 89.00, suggesting potential cycle shifts with a strong case for continued growth if above 60.

- SEC's 2025 rule allowing 401(k) crypto access unlocks $12.5T in capital, accelerating institutional adoption and traditional finance integration.

- Bitcoin miners reported $37.08M in profits by August 2025, with consistent gains since April aligning with Bitcoin's $118,383 price resilience.

Bitcoin appears to be at a pivotal juncture as both technical indicators and regulatory developments point toward a potential market cycle shift. The cryptocurrency’s 14-day Relative Strength Index (RSI) has formed a bullish "W" pattern, with a recent peak near 89.00, signaling a possible end of a bull phase or the start of a new one. Analysts suggest that as long as the RSI remains above 60, the bullish outlook for

remains intact. A retest of the 60-level is considered unlikely before higher levels are reached, reinforcing the idea that the current trend may continue. The timing of the cycle, however, is seen as critical, with the next two to four months likely to determine whether Bitcoin moves toward a new all-time high or experiences a significant pullback [1].

In tandem with these technical signals, U.S. regulatory developments are reshaping the investment landscape. On August 14, 2025, the U.S. Securities and Exchange Commission (SEC) confirmed that 401(k) retirement accounts are now opening to Bitcoin and other cryptocurrencies. This change unlocks access to a $12.5 trillion capital pool, potentially bringing a new wave of long-term institutional and retail investors into the crypto market. SEC Commissioner Hester Peirce stated in an interview that the move has already begun, marking a major step toward mainstream acceptance. Analysts view this development as bullish for both decentralized finance (DeFi) and real-world assets (RWAs), signaling a broader integration of crypto into traditional financial systems [2].

Meanwhile, Bitcoin miners have continued to benefit from the upward momentum in the asset. As of August 14, 2025, Bitcoin miners had recorded $37.08 million in realized profits, according to data from CryptoQuant shared by analyst Ali Martinez. The chart tracking miner profits shows a consistent increase since late April 2025, aligning with Bitcoin’s price trajectory. The profitability of early miners remains strong, with the price of Bitcoin hovering near $118,383. This trend suggests that miners are capitalizing on favorable market conditions, further reinforcing the bullish sentiment in the ecosystem [3].

The convergence of technical, regulatory, and on-chain signals presents a compelling case for continued growth in Bitcoin’s value. As 401(k) access expands and miner profits rise, the broader market is watching closely for confirmation of a sustained upward trend. Investors are advised to monitor both price action and on-chain data to gauge the likelihood of a continued bull run or the onset of a correction.

Sources:

[1] title: Bitcoin’s RSI Signals Cycle Shift as SEC Opens 401(k) to Crypto (url: https://coinmarketcap.com/community/articles/68a081d10be0247aa9a98af2/)