Hey BTC enthusiasts! 🚀 Bitcoin's rollercoaster ride continues, but popular analyst PlanB believes we may never see it drop below $40,000 again! 😲 Why? It's all about realized prices. Currently, BTC's overall realized price is $23,000, the 2-year realized price is $32,000, and the 5-month is $40,000. With Bitcoin trading around $45,000, it's above all those levels, which PlanB sees as a "very bullish sign." 📈
As we approach the fourth halving in just two months, price predictions are flying! Bitget's recent study forecasts a $150,000 price tag, while Fundstrat's Tom Lee sees BTC reaching between $100,000 and $150,000 this year and skyrocketing to $500,000 by the end of the decade! 🌙 So, buckle up and enjoy the ride, Bitcoin fans!