GMI Analyst Maps Bitcoin Oversold RSI Pattern With Potential Path Toward $180,000 In 90 Days
Global Macro Investor's head of macro research Julien Bittel has shared on X a bitcoin "oversold RSI" roadmap that tracks BTC's average behavior after the relative strength index drops below 30, marking that breach as t=0. He noted that the current market action has so far aligned closely with the historical overlay, which points to a sharp rally within 90 days and a possible move toward the $180,000 area, while stressing the path is probabilistic and assumes the bull market has not already ended. Bittel also argued that bitcoin's traditional four-year cycle tied to halving narratives is "broken" by changes in the public debt refinancing cycle and liquidity backdrop, and he sees the current cycle potentially extending into 2026, with BTC trading at $87,330 at press time.