[PlanB: Bitcoin Breaks Above 50-Week Moving Average, Confirms End of Bear Market and Targets $89,000] Odaily Planet Daily News - Renowned analyst PlanB stated that Bitcoin has broken above the 50-week moving average at approximately $79,000, with the next target being the 100-week moving average at around $89,000. He also confirmed that the Bitcoin bear market has ended. PlanB pointed out that Bitcoin's closing price in August was $78,571, and multiple indicators have started to improve. The proportion of Bitcoin in a profitable state has risen from 50% to 72%, and the monthly RSI has increased from 41 to 51. Based on these factors, he believes the market bottom has passed, and the outlook remains bullish. ChatGPT may make errors. Please verify important information.