PlanB: Bitcoin breaking through the $60,000 range is "just a matter of time."

2024-09-18 19:19:44

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ChainCatcher message, crypto analyst PlanB expressed his views on the X platform, stating that "60,000 dollars is the new 10,000 dollars," implying that Bitcoin's current price behavior in the 60,000 dollar range may replicate its previous pattern in the 10,000 dollar range.

The long-term chart of Bitcoin's realized price shared by PlanB shows that between 2018 and 2020, Bitcoin experienced long-term fluctuations in the 10,000 dollar range. Currently, Bitcoin's price exhibits similar characteristics in the 60,000 dollar range. This similarity may indicate that Bitcoin is about to enter a new significant upward trend, akin to the previous breakout from 10,000 to 60,000 dollars. PlanB emphasized that Bitcoin's price breakout is "just a matter of time."

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