Bitcoin can hit $92K in April and still not match bull run RSI peaks: Analyst

Cointelegraph

Published Apr 14, 2021 07:23AM ET

Updated Apr 14, 2021 04:40PM ET

Bitcoin (BTC) can surge to $92,000 in the next two weeks and still “only” be matching its past performance, new data claims.

In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models, noted that despite this week’s gains, BTC/USD still has plenty of energy in it.

BTC/USD RSI vs. position in 4-year halving cycle. Source: PlanB/ Twitter
Coinbase market cap vs. global banks. Source: Elliptic

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