PlanB: Bitcoin Breaks 60,000 Dollar Range'It's Only a Matter of Time'
Crypto analyst PlanB posted on the X platform that "$60,000 is the new $10,000", suggesting that Bitcoin's current price action in the $60,000 range could repeat its previous pattern in the $10,000 range.
The long-term chart of the bitcoin realisation price shared by PlanB shows that between 2018 and 2020, bitcoin experienced long-term fluctuations in the $10,000 range. At present, the bitcoin price shows similar characteristics in the $60,000 range. This similarity may indicate that bitcoin is about to usher in a new round of significant gains, similar to the previous break from $10,000 to $60,000. PlanB stressed that it is "only a matter of time" before the bitcoin price breaks upward.