PlanB Lays Out Four Bitcoin Bear-Market Scenarios
PlanB, the pseudonymous analyst behind the stock-to-flow model, says bitcoin’s drawdown has left markets staring at four plausible bear-market paths, ranging from a classic 80% drawdown to the possibility that the lows are already in.1) -80% from ATH $126k => $25k Featured image created with DALL.E, chart from TradingView.com
2) down to 200w MA / realized price => $50k-60k
3) down to just above previous ATH => $70k
4) yesterday’s $72.9k was the bottom👉 https://t.co/mXSxJK9LLxAbout Author
