PlanB Says Bear Market Almost Over, Bitcoin (BTC) In Buying Range - BitcoinEthereumNews.com
BitcoinPlanB Says Bear Market Almost Over, Bitcoin (BTC) In Buying Range05 / 20 / 2022ข่าว Bitcoin Ethereum Bitcoin (BTC) is reeling under the bear market. The crypto market is still under pressure, while the Bitcoin price continues to dive below the crucial $30,000 level. However, PlanB, creator of the stock-to-flow (S2F) model, claims the bear market is almost over. He is optimistic because periods with the Realized Price Moving Average (RPMA) 1 and Relative Strength Index 50 have historically been great times to buy. Although, PlanB also thinks it can take a while before RPMA and RSI will rise again. PlanB: Bitcoin (BTC) Bottom Is Over As Bear Hug Eases PlanB เมื่อเร็ว ๆ นี้ disclosed that the Bitcoin (BTC) price is forming a new bottom for the next bull market. BTC trend this week moved as per PlanB forecasts, the price made a low near the $28,500 level. Now, PlanB in a tweet reports the bear market is almost over and the price should start rising again. He believes the RPMA and RSI at current levels suggest a bottom for Bitcoin. However, it could be 6-9 months (like 2014 and 2018/19), or 1-2 months (like 2011 and 2020) before we could see a bounce.