PlanB: Bitcoin surpasses realized price levels, signaling potential for new highs
Crypto analyst PlanB stated on Sept. 22 that Bitcoin's price of $87,000 has exceeded all major realized price metrics, including the $53,000 realized price, the $72,000 155-day realized price, and the $86,000 2-year realized price. PlanB suggests that the possibility of the price falling below $53,000 is largely eliminated, effectively invalidating traditional bear market arguments regarding retesting realized prices. He noted that the market trend for 2025-2026 aligns with historical, more moderate bull-bear cycles and expects Bitcoin to reach new highs within the 2024-2028 halving cycle.
Summaries are written by AI from the original article. Not investment advice.