Bitcoin

Bitcoin RSI Signals $233K BTC Price by 2025

Bitcoin could be on a trajectory to hit $233,000 by as soon as Q1 2025, according to new predictions.

A fresh BTC price forecast by the X account Bitcoindata21 utilized the Relative Strength Index (RSI) to point towards six-figure levels for BTC/USD.

At present, Bitcoin is hovering around $65,000, but according to market analysts, the upcoming months may bring a seismic shift.

Using standard deviation applied to the monthly RSI, Bitcoindata21’s analysis hints that the peak of the current bull cycle might push Bitcoin’s value toward the $233,000 mark. This estimation stems from a comparison of historical RSI peaks, which have consistently aligned with significant price surges.

“The upper boundary of the trend channel for monthly RSI lands at approximately 88.6 in Q1 2025,” they stated.

“If you believe this won’t be reached, you’re assuming that this time will be different.”

While the timeline might seem aggressive, it’s not without precedent. Past Bitcoin bull runs have shown similar meteoric rises as they approached their macro tops.

“There’s a lot of skepticism in the market following the extended consolidation period. This is exactly the kind of sentiment that can set the stage for a massive breakout,” another post on X noted.

“Last cycle, Bitcoin jumped from $10K to $67K in just seven months, largely driven by Grayscale buying 400K BTC. Now, traditional finance players are sitting on trillions, ready to jump in after price discovery. Once they realize it’s not a triple top, the real FOMO begins.”

Bitcoindata21 teased further analysis showing additional factors that align with the $250,000 range, promising to share more in a future update on X.

Bitcoin RSI “Has Room to Climb”

For those watching closely, the RSI is often used as an early indicator of potential price movements.

As of Oct. 15, the daily RSI stood around 62.7, according to data from TradingView — comfortably above the neutral 50 line but still shy of the “overbought” threshold of 70.

Trader Mags also weighed in, predicting that the monthly RSI could hit extremely high levels before this cycle concludes.

“Each time Bitcoin reaches its bull market peak, the monthly RSI crosses into the extreme overbought territory (above 90),” he reminded followers on X.

“We haven’t reached that point in this cycle yet. The monthly RSI still has plenty of room to climb, and if history is any guide, the next price surge will be spectacular.”