PANews reported on February 5th that crypto analyst PlanB published an article on the X platform stating that, in his view, there are four potential downside scenariosPANews reported on February 5th that crypto analyst PlanB published an article on the X platform stating that, in his view, there are four potential downside scenarios
PlanB presents four bear market scenarios: In the extreme scenario, Bitcoin could pull back to $25,000.
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PANews reported on February 5th that crypto analyst PlanB published an article on the X platform stating that, in his view, there are four potential downside scenarios in this Bitcoin bear market:
1) It has retreated about 80% from its previous all-time high of approximately $126,000, corresponding to a price of approximately $25,000;
2) A pullback to the 200-week moving average or the already realized price range corresponds to approximately $50,000 to $60,000;
3) It fell back to a level slightly above the historical high of the previous cycle, corresponding to around $70,000;
4) The market may have completed a phase of bottoming out around $72,900 yesterday.
Market Opportunity
4 Price(4)
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$0,009338$0,009338
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4 (4) Live Price Chart
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