The prominent cryptocurrency market analyst known as PlanB has shared an interesting view on Bitcoin’s (BTC) price trend. In a message to his 2 million followers on the social media platform X, he stated that Bitcoin is unlikely to experience a significant price correction until it reaches the six-figure range.
According to this analyst, although some investors are selling their assets before Bitcoin hits the $100,000 mark, these early sales may actually reduce the likelihood of a severe correction when it approaches $100,000.
PlanB also pointed out the Relative Strength Index (RSI) of Bitcoin, emphasizing that the RSI has not yet reached its peak levels, which could indicate the continuation of the upward price trend.
