PlanB: BTC likely to remain overbought for several months

PlanB, the analyst behind the Stock‑to‑Flow model, said on X that Bitcoin’s (BTC) Relative Strength Index (RSI) is currently near 75 and is expected to stay above 80 for several months, mirroring previous bull cycles in 2011, 2013, 2017 and 2021. The RSI is a momentum indicator, with values above 70 indicating overbought conditions and below 30 signaling oversold levels.