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PlanB: Bitcoin Has Started to "Bottom Out," Typically Takes 1-3 Months

BlockBeats News, August 1st, Renowned analyst PlanB stated in a post that the July closing price of Bitcoin was $62,818, with the 200-week moving average corresponding to $63,000. It appears that Bitcoin has started the bottoming process. This process typically takes 1-3 months, during which BTC may fall to even lower levels.

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On-Chain Activity

9h ago

Update: Suspected Bitmine Address Accumulates 18,914.13 ETH in Less Than 10 Hours

11h ago

BitMine is suspected to have once again purchased over 10,000 ETH

11h ago

Arthur Hayes sold 2364.38 ETH, losing $241,000

11h ago

trade.xyz: HOracle Contract Abnormal Liquidation Event Compensation Partially Distributed

24H Important News

2026-08-01

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PlanB: Bitcoin Has Started to "Bottom Out," Typically Takes 1-3 Months

Meme Coin ASTEROID Market Cap Falls Below $3 Million, Plunges Over 50% in 20 Minutes

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