PlanB: "60,000 USD is the new 10,000 USD" - Bitcoin Could Repeat Past Pattern

Crypto analyst PlanB shared his opinion on X, stating that "60,000 USD is the new 10,000 USD." This suggests that Bitcoin's current price action within the 60,000 USD range could mirror its previous behavior within the 10,000 USD range.

PlanB shared a chart displaying Bitcoin's long-term price trend, highlighting that the cryptocurrency experienced prolonged fluctuations between 2018 and 2020 while trading within the 10,000 USD range. Currently, Bitcoin exhibits similar characteristics within the 60,000 USD range. This resemblance could indicate an imminent significant upsurge for Bitcoin, potentially mimicking its previous climb from 10,000 USD to 60,000 USD. PlanB emphasized that Bitcoin's price breaking above this range is "just a matter of time."