Analyst PlanB warns of a potential FOMO market surge for Bitcoin as its RSI shows signs of regaining momentum.
Bitcoin's monthly RSI reaching 75 historically signals the start of bullish periods, with predictions of closing July near $125,000.
PlanB anticipates RSI levels breaking above 80, leading to explosive rallies—an occurrence seen in previous bull markets.
Despite short-term volatility, market optimism remains strong due to institutional demand, easing macro uncertainty, and potential for significant returns in the upcoming cycle.