PlanB: Bitcoin Breaking $60,000 "Just a Matter of Time"

Article is form Jinse
September 18, 2024
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According to Golden Finance, crypto analyst PlanB has expressed his view on X platform that "60,000 USD is the new 10,000 USD," implying that Bitcoin's current price behavior in the 60,000 USD range could mirror its previous pattern in the 10,000 USD range.

PlanB shared a long-term Bitcoin price chart that reveals prolonged volatility between 2018 and 2020 while Bitcoin was within the 10,000 USD range. Currently, Bitcoin's price exhibits similar characteristics within the 60,000 USD range. This resemblance might suggest that Bitcoin is poised for a new significant surge, similar to its previous ascent from 10,000 USD to 60,000 USD. PlanB emphasizes that it's "just a matter of time" before Bitcoin price breaks upwards.

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