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PlanB: Bitcoin Bear Market May Have Four Scenarios, $72,900 Could Already Be a Stage Bottom

2026-02-05 05:06

Odaily News Crypto analyst PlanB posted on social media, stating that he believes the current Bitcoin bear market may have four potential development scenarios: First, an 80% retracement from the all-time high of $126,000, with the price dropping to around $25,000; second, a fallback 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 cycle's all-time high, around $70,000; fourth, the $72,900 touched yesterday has already formed a stage bottom.