PANews
PANews|Feb 05, 2026 05:04
[PlanB Proposes Four Bear Market Scenarios: Bitcoin Could Retrace to $25,000 in Extreme Case] Crypto analyst PlanB posted on the X platform, stating that in his view, there are four potential downward scenarios for this Bitcoin bear market: 1) A retracement of approximately 80% from the previous historical high of around $126,000, corresponding to a price of about $25,000; 2) A pullback to the 200-week moving average or the realized price range, corresponding to approximately $50,000 to $60,000; 3) A decline to slightly above the historical high level of the previous cycle, corresponding to around $70,000; 4) The market may have already completed a phase bottom near yesterday's level of approximately $72,900.
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