The post PlanB Predicts Bitcoin’s RSI Surge Above 80, Hypothesizing $400K Price Potential appeared on BitcoinEthereumNews.com.

In a recent update from COINOTAG, seasoned analyst PlanB has drawn attention to Bitcoin’s **Relative Strength Index (RSI)**, currently at 69. He projects that this metric could breach the critical **80-mark** over the next quadrimester, mirroring patterns observed in previous **bull markets** of 2013, 2017, and 2021. Historically, an RSI level exceeding 80 signals robust monthly returns, often exceeding **40%**. If this trend holds, Bitcoin’s value, presently at **$104,000**, could skyrocket to an astonishing **$400,000**. Such predictions underscore the importance of monitoring technical indicators in the crypto landscape, as they can provide insights into potential market movements and help define investment strategies. Source: https://en.coinotag.com/breakingnews/planb-predicts-bitcoins-rsi-surge-above-80-hypothesizing-400k-price-potential/

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Filed under: News - @ May 12, 2025 11:25 am