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ZEC $1,065.48 -5.08%
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AMZN $254.97 -0.76%
GOOGL $336.78 -1.02%
MSFT $493.38 -0.49%
META $642.41 -0.95%
NVDA $215.04 -1.59%
TSLA $360.89 -1.79%
SNDK $1,558.25 -4.44%
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SPCX $148.74 -0.96%
MU $939.41 -2.92%
AMD $502.19 -2.51%

PlanB: There may be four scenarios for the Bitcoin bear market, and $72,900 may have become a temporary bottom

2026-02-05 13:06:51

Cryptanalysis expert PlanB posted on social media that he believes there are four possible scenarios for the current Bitcoin bear market: first, a pullback of 80% from the historical high of $126,000, bringing the price down to around $25,000; second, a drop to the 200-week moving average or the realized price range, approximately $50,000 to $60,000; third, a decline to slightly above the previous historical high, around $70,000; fourth, the $72,900 reached yesterday may have formed a temporary bottom.

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