Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says | 🔸️Ethereum | Bitcoin & Altcoin News

Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says PlanB

Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB has identified a level which he believes Bitcoin (BTC) will never go below again. According to a tweet by the controversial analyst, BTC is “highly unlikely” to ever move below $33,000, which is also its 200-week moving average. This prediction applies to post-halving slumps and subsequent bear markets. The outcome of PlanB’s latest analysis differs from his prediction in early February. At the time, he said BTC may not go below $40,000, which was its five-month realized price.

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