PlanB: Bitcoin stands above multiple realized prices, this halving cycle is expected to reach new highs

BlockBeats news, September 22: Renowned analyst PlanB posted that BTC is currently priced at approximately $86,000, having reclaimed key cost levels including the realized price ($53,000), the 155-day realized price ($72,000), and the 2-year realized price ($86,000). He personally believes the probability of BTC falling below $53,000 in this cycle is low. The market's previous view that "every bear market must retest the realized price" has now lost its last relatively clear supporting condition.

The market conditions in 2025 and 2026 represent a normal but historically relatively shallow bull-bear cycle, so he personally believes Bitcoin will reach a new all-time high in this halving cycle (2024–2028).