Following the recent slowdown in Bitcoin, according to foreign media reports, analysts PlanB maintained optimism about the halving of the current cycle. In his view, the current fall should not be seen as the end of the cycle, and a truly large upswing might not have yet arrived.
Target areas point between $500,000 and $1 million
PlanB states that the $126,000 previously created by Bitcoin is not the top of the four-year cycle. According to his S2F model, the price hub will continue to rise as scarcity rises, with a major increase likely between 2026 and 2028.
According to this review, PlanB does not use the model as a precise time-selection tool. Rather than projecting a specific high or low point, its judgement is that the long-term average price level of Bitcoin will continue to shift upwards.
The short-lines are still likely to be down.
At the same time, PlanB acknowledges that there is still a possibility that the market will continue to explore in the short term. He mentioned that, historically, bitcoin had fallen “realized prices” in every bear market, i.e. the average cost of the market as a whole.
- Former local height: $126,000
- Current realized prices: approximately $53,000
- Target area: $500,000 to $1 million
It's a pessimism or a quick rebound.
According to the text, if the market is generally convinced that the downswing will last longer, bitcoin may instead start a new round of pessimism, under pressure from viewers and empty money.
The central view of PlanB is that the long-term upward trend has not been broken and that the real period of supply stress may still be behind. The article concludes by mentioning that the key word he gave to the market remains “pity”.