BlockBeats News, May 12, well-known analyst PlanB stated, "The current relative strength index (RSI) of Bitcoin is 69. I expect that the RSI will exceed 80 for at least the next 4 months, just like in previous bull markets (2021, 2017, 2013)."
An RSI exceeding 80 usually corresponds to monthly returns of over 40%.
Consecutive 4 months of 40%+ gains could push the price of Bitcoin from the current $104,000 to $400,000."
