Quantitative analyst PlanB says Bitcoin may be on the verge of re-entering a high-momentum bull phase, driven by rising strength on the monthly RSI (Relative Strength Index).
In a recent video to his YouTube audience, the analyst pointed to signs that BTC is regaining momentum—and could be preparing for a full-blown FOMO rally.
PlanB notes that Bitcoin’s RSI has begun climbing again after a brief period of hesitation, resembling patterns seen in past market cycles. Historically, when BTC’s monthly RSI approaches 75, it often marks the beginning of extended bullish periods. If the trend holds, he believes Bitcoin could close July near $125,000.
Looking further ahead, PlanB expects RSI levels to break above 80—territory that has typically coincided with explosive rallies in prior bull markets, including 2021. Even during what he described as a “lousy” cycle, BTC spent several consecutive months above that level, which he sees as a likely scenario again.
This outlook aligns with broader market optimism as Bitcoin continues to consolidate just below its all-time highs. Institutional demand remains strong, and macro uncertainty is beginning to ease, creating a favorable backdrop for a fresh wave of capital inflow. Should momentum continue building, PlanB suggests this cycle could deliver returns that rival or even exceed past bull runs.
Still, the analyst cautions that short-term volatility is likely, especially as the market nears key resistance levels. But if the RSI continues its upward trajectory, Bitcoin could soon re-enter a phase marked by aggressive price action and renewed retail interest—hallmarks of every FOMO-driven rally to date.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/market/rsi-surge-may-trigger-fomo-market-for-bitcoin-planb-warns/