PlanB: It’s “only a matter of time” before Bitcoin breaks through the $60,000 range

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According to ChainCatcher, crypto analyst PlanB expressed his opinion on the X platform that "US$60,000 is the new US$10,000", suggesting that Bitcoin's current price behavior in the $60,000 range may repeat its previous pattern in the $10,000 range.

The long-term trend chart of Bitcoin realized price shared by PlanB shows that Bitcoin experienced long-term fluctuations in the $10,000 range from 2018 to 2020. Currently, Bitcoin price shows similar characteristics in the $60,000 range. This similarity may indicate that Bitcoin is about to usher in a new round of significant rise, similar to the previous breakthrough from $10,000 to $60,000. PlanB emphasized that it is "only a matter of time" for Bitcoin price to break upward.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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