‘Absolute Minimum’ of $270,000 Price Target Coming for Bitcoin in 2025, According to Quant Analyst PlanB

Broadly adopted quant analyst PlanB is predicting extra parabolic rallies for Bitcoin (BTC) to excessive worth targets by the tip of this yr.
In a brand new technique session, PlanB takes a have a look at Bitcoin’s month-to-month relative power index (RSI).
The RSI is usually used as a momentum indicator and likewise to counsel overbought or oversold situations.
PlanB notes that traditionally, on the peak of Bitcoin bull markets, BTC goes by means of a number of months with its RSI above 80 – characterised by the crimson dots on his chart.
With the month-to-month RSI shortly approaching 80, and contemplating BTC’s common beneficial properties in periods the place the indicator was at such ranges, PlanB says that he’s anticipating an “absolute minimal” of $270,000 BTC this yr.
“In reality, to be particular, I count on at the very least three, probably 4 or 5 months of crimson dots which implies an RSI of 80 and better. Now what’s very attention-grabbing, is that if we glance, traditionally, at these factors, the place the RSI was 80 or greater, then we’ll see that the common return in these intervals – the crimson dot areas – was 40% +.
So meaning a one month of 40%+ means from at the moment’s $100,000 [would be] $140,000 in February. And since I count on a number of months of crimson dots, at the very least three, thrice 40% would carry us from $100,000 to $270,000…
In order that’s absolutely the minimal Bitcoin worth that I count on in 2025: $270,000.”
At time of writing, BTC is buying and selling at $96,789.
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