PlanB: Bitcoin Likely to Fall Below $53,000 Before Truly Bottoming Out

BlockBeats News, June 25th, prominent analyst PlanB stated that Bitcoin is likely to dip below the realized price (around $53,000) before truly bottoming out, just like in every previous bear market.

Currently, the curve representing the realized price has been almost overlapping with the black curve representing the 200-week moving average since 2023.