Bitcoin appears to be on the verge of a major trend shift, according to a popular crypto analyst who believes a reliable breakout signal has just been confirmed. Trader Kevin Svenson, a well-known name in the crypto community, has highlighted a bullish indicator that suggests the long-standing bearish pressure on Bitcoin may be coming to an end.

Svenson recently told his 161,000 followers on X (formerly Twitter) that Bitcoin’s weekly Relative Strength Index (RSI) has confirmed a breakout. The RSI is a momentum oscillator that measures the speed and change of price movements, often used to spot potential reversal points in market trends. According to Svenson, this particular RSI breakout is especially significant because historical data shows that weekly RSI breakouts often precede major bullish moves for Bitcoin.

He emphasized that the confirmation of this signal could mark the beginning of a broader upward trend. “The market dynamics are shifting. Demand now outpacing supply. Massive discounts are still available for the taking,” Svenson said. “One thing is certain: nothing lasts forever. This bearish trend will reverse into a bullish one. The real question is—are you ready for it?”

Beyond the weekly timeframe, Svenson also examined Bitcoin’s three-day chart for additional confirmation of this bullish momentum. In this view, he pointed to a favorable setup involving both the RSI and the Moving Average Convergence Divergence (MACD) indicator. The MACD is a trend-following momentum tool that helps traders identify possible entry and exit points. According to Svenson, the three-day MACD is turning positive, aligning with the RSI to suggest a potential bullish trend pivot.

“Pretty decent setup here for a bullish trend pivot,” he commented, referring to the technical patterns forming on shorter timeframes.

At the time of writing, Bitcoin is trading around $87,559. While this level is still below its previous all-time highs, it represents a strong recovery from recent dips and positions BTC close to key resistance zones. If Bitcoin manages to break past the $90,000 threshold in the coming days or weeks, it could confirm Svenson’s prediction and ignite a fresh rally.

This potential breakout also comes at a time when institutional sentiment toward Bitcoin appears to be shifting. Increasingly, major financial players and even governments are beginning to view Bitcoin not just as a speculative asset, but as a strategic store of value. Recent events, such as the U.S. exploring the idea of adding Bitcoin to its Strategic Reserve, further support this narrative.

The broader macroeconomic environment also seems to favor Bitcoin. As traditional financial systems face inflation and uncertainty, more investors are turning to Bitcoin for its deflationary nature and predictable supply. These conditions, when combined with strong technical indicators like those Svenson highlights, could create a perfect storm for Bitcoin’s next major move.

While no signal is ever guaranteed in trading, the confirmation of a macro RSI breakout is a compelling development. Traders and investors watching Bitcoin closely may want to prepare for the possibility that the market is about to shift gears—moving from a cautious consolidation phase into a full-scale bull run. If that happens, Svenson’s analysis may prove to be one of the earliest accurate calls of this new bullish cycle