Part 5/8:
For instance, in previous cycles, following the orange dots related to the Relative Strength Index (RSI), Bitcoin's price increased dramatically (a 10x gain), but this was followed by a smaller increase (a 3x gain) in subsequent cycles. This trend would suggest a more conservative price target for the next cycle, with some analysts estimating potential top prices between $150,000 and $210,000 by 2025.
Plan B's Million Dollar Scenario
Plan B has laid out a captivating trajectory for Bitcoin’s price leading up to $1 million in 2025. The stepwise progression includes:
October 2024: Bitcoin finishes with a classic month-end rally, reaching $70,000.
November 2024: Anticipated positive political shifts lead to a price jump, hitting $100,000.