Bitcoin is in the overbought zone, signaling a potential temporary price correction, analysts at The Market Ear warn. The relative strength index (RSI) reached 88, the highest since Bitcoin traded above $60,000, which could signal risk for short-term traders looking to join the rally. However, for long-term investors focused on buying and holding assets, overbought is less important. Analysts expect Bitcoin's price could reach $120,000 or more by September 2025.