Bitcoin Washout Points To $180,000 In 90 Days, GMI Says

Global Macro Investor (GMI) head of macro research Julien Bittel posted a bitcoin “oversold RSI” roadmap on X, arguing the market has tracked it closely and tying the setup to a broader view that the cycle could run into 2026—an outlook he says would render the traditional “four-year cycle” framework obsolete. “A lot of people have been asking for an update on this chart, so I’ll just leave this here for anyone who needs to see it,” Bittel wrote, sharing a chart of bitcoin’s average price path after RSI falls below 30, with the RSI breach marked as t=0. “This shows the average BTC trajectory following an oversold RSI reading, with RSI falling below 30 at t=0.” Can Bitcoin Skyrocket To $180,000 In Just 90 Days? Bittel said the overlay has matched the current tape. “So far, it’s been pretty bang on,” he wrote. The “average market path” line rises sharply over the weeks that follow. The chart shows a steep rally within 90 days after t=0, with the BTC price potentially surging near the $18