BREAKING
273d 16h ago

PlanB Predicts Bitcoin’s RSI Surge Above 80, Hypothesizing $400K Price Potential

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

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