Popular Analyst PlanB Expects Bitcoin Price To Double In 2025 As Bear Market Is Not Here
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recent Bitcoin price analyses from analysts have been mostly centred on the notion of whether the leading cryptocurrency has already reached its peak this cycle. Bearish sentiment is already creeping in among investors, and the outlook is now whether BTC and the entire crypto industry have transitioned into a bear market. Interestingly, crypto analyst PlanB, widely followed for his stock-to-flow model and long-standing BTC forecasts, has pushed back against growing speculation that the market is transitioning into a bearish phase. PlanB Dismisses Bear Market Calls, Says Bear Market Has Not Arrived Taking to social media platform X, crypto analyst PlanB laid out a compelling argument for why he believes Bitcoin is still in the middle of a sustainable uptrend, one that could see the price doubling once again by 2025. His interesting argument comes alongside other new outlooks from analysts, who are now noting key bullish signals for Bitcoin. PlanB’s latest analysis is based on Bitcoin’s 200-week arithmetic and geometric moving averages, which are two long-term trend indicators analysts use to distinguish between bull and bear market phases. According to him, these two averages have been close together for over a year. The close movement of these moving averages goes against a downward trend but rather a steady uptrend with reduced volatility. He explained that a real bear market usually comes after a true bull run, which is characterized by a sharp divergence between the two averages. Since that divergence has yet to happen in the current cycle, PlanB argues that the market has not experienced a real bull phase, let alone entered a bear phase. Looking Ahead: Bitcoin Price To Double In 2025 Expanding on this theme, PlanB pointed to Bitcoin’s performance over the past two…
Filed under: News - @ March 22, 2025 4:11 am