PlanB: Bitcoin Surpasses Key Realized Price Metrics, Unlikely to Fall Below $53,000
Analyst PlanB stated that Bitcoin, currently trading around $87,000, has surpassed several key realized price metrics, including the overall realized price of $53,000, the 155-day realized price of $72,000, and the two-year realized price of $86,000. He suggests that the probability of Bitcoin falling below $53,000 in this cycle is low, noting that the historical pattern of retesting realized prices has weakened. PlanB expects the 2024-2028 halving cycle to yield new record highs.
Summaries are written by AI from the original article. Not investment advice.