Bitcoin RSI Nears 75, Expected to Surpass 80 in Bull Market

Bitcoin's relative strength index (RSI) is currently approaching 75, according to analyst PlanB. In the ongoing bull market, the RSI is anticipated to exceed 80 for several months, mirroring patterns observed in previous bull runs of 2021, 2017, 2013, and 2011. The RSI is a key indicator used to assess the momentum of Bitcoin's price movements.

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