PlanB: There may be four scenarios for the Bitcoin bear market, and $72,900 could already be the cyclical bottom.

2026-02-05 06:15:47

Odaily Planet Daily News reports that crypto analyst PlanB posted on social media that he believes there are four possible development scenarios for the current Bitcoin bear market: First, a retracement of 80% from the 12.6 million USD historical high, with the price dropping to around 25,000 USD; second, a decline to the 200-week moving average or the realized price range, approximately 50,000 to 60,000 USD; third, a fall slightly above the previous all-time high, around 70,000 USD; fourth, the 72,900 USD touched yesterday has already formed a stage bottom.

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