BlockBeats News, May 12, Renowned analyst PlanB stated, "Bitcoin's current Relative Strength Index (RSI) is 69. I expect the RSI to exceed 80 for at least the next 4 months, similar to previous bull markets (2021, 2017, 2013)."
An RSI above 80 typically corresponds to a monthly return of over 40%.
A continuous 4-month 40%+ increase could potentially raise the Bitcoin price from the current $104,000 to $400,000."
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