TechFlow news — On September 18, crypto analyst PlanB shared his view on X, stating that “$60,000 is the new $10,000,” suggesting Bitcoin’s current price behavior around the $60,000 level may mirror its previous pattern around $10,000.
The long-term chart of Bitcoin's realized price shared by PlanB shows that between 2018 and 2020, Bitcoin experienced prolonged volatility within the $10,000 range. Currently, Bitcoin is exhibiting similar characteristics around the $60,000 level. This resemblance could indicate that Bitcoin is poised for a new significant upward move, akin to its prior breakout from $10,000 to $60,000. PlanB emphasized that an upward breakout is “just a matter of time.”
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