PlanB: There may be four scenarios for the Bitcoin bear market, and $72,900 may have become a temporary bottom

Feb 05, 2026 13:06:51

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Cryptanalysis expert PlanB posted on social media that he believes there are four possible scenarios for the current Bitcoin bear market: first, a pullback of 80% from the historical high of $126,000, bringing the price down to around $25,000; second, a drop 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 historical high, around $70,000; fourth, the $72,900 reached yesterday may have formed a temporary bottom.

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