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PlanB: Bitcoin bull market signals reappear, 40% monthly increase may continue

2025-05-12 10:00

Odaily News Analyst PlanB said, "Bitcoin's current relative strength index (RSI) is 69. I expect RSI to exceed 80 for at least the next four months, just like the previous bull markets (2021, 2017, 2013). RSI over 80 usually corresponds to a monthly return of more than 40%. A 40%+ increase for four consecutive months could push the price of Bitcoin from the current $104,000 to $400,000."