PlanB: BTC bull market signal reappears, with a 40% monthly increase, the market may continue to perform

ChainCatcher news, analyst PlanB stated, "The current Relative Strength Index (RSI) for Bitcoin is 69. I expect that the RSI will exceed 80 for at least the next 4 months, just like in previous bull market cycles (2021, 2017, 2013). An RSI above 80 typically corresponds to monthly returns of over 40%. A consecutive 4-month increase of 40%+ could push the price of Bitcoin from the current $104,000 to $400,000."