PlanB claims that the real bull run has not yet started: Bitcoin's target this year is 160,000 USD, and the four-year cycle tradition may be broken.

Pessimistic expectations of the recent "bull market ending" have spread to the market, but PlanB, a well-known cryptocurrency analyst, disagrees, arguing that "the real bull market has not yet occurred" and that bitcoin may break the practice of a 4-year bull-bear cycle and rise to $160,000 in 2025. (Synopsis: Bitcoin breaks through 87,000) Fed Bauer: Slowed down balance sheet reduction since April, interest rate cuts are expected 2 times this year, interest rates remain unchanged.. Five key points at a glance) (Background supplement: CryptoQuant CEO: The Bitcoin bull market has ended, all on-chain data is bearish, and 50x insider whales have begun to short BTC) The US Federal Reserve (Fed) announced another rate freeze after the FOMC interest rate decision meeting in March (20), but the latest interest rate dot plot shows that Fed officials maintain the expectation that they will still cut interest rates 2 times in 2025 and have not lowered the number of rate cuts. After the meeting, gold updated its all-time high of $3,036, while risk markets such as stocks and cryptocurrencies rarely rallied, and the market's response to risk aversion was clearly divergent. Bitcoin rose 4.6% this morning, breaking above $87,446 as high as $85,886 before the deadline, up nearly 3.5% in the past 24 hours. Plan B: The real bull market has not yet begun, bitcoin targets 160,000 magnesium this year Recently, due to the sharp increase in global economic uncertainty caused by Trump's reciprocal tariff policy, there are pessimistic expectations in the market that "the United States may fall into recession", "the bull market is over, and the bear market is coming". However, PlanB, a well-known cryptocurrency analyst known for proposing the Bitcoin S2F model, remains optimistic about the market, tweeting today that he disagrees with some who believe that the cycle will turn to a bear market. He noted that Bitcoin's 200-week arithmetic mean and geometric mean have been close for more than a year, showing reduced volatility and continued to rise steadily. He emphasized that a true bear market will occur only after a true bull market (where the arithmetic mean and geometric mean diverge) will occur (the arithmetic mean and geometric mean converge), so he believes that "a true bull market has not yet appeared". Source: PlanB ( Bitcoin rewrites 4-year bull-bear cycle PlanB also said that Bitcoin may break the convention of 4-year market cycles. Bitcoin doubles from $20,000 to $40,000 in 2023 and from $40,000 to $80,000 in 2024. If this steady upward trend continues, it will double from $80,000 to $160,000 in 2025, reach $320,000 in 2026, and look up to $640,000 in 2027, which means the end of the 4-year cycle, which is frankly earlier than I expected, but it is in line with the characteristics of a more mature market. CryptoQuant: Bitcoin will enter a bear market or consolidation in the next 6~12 months However, CryptoQuant CEO Ki Young Ju holds the opposite view, saying in a tweet on the 18th: "The Bitcoin bull market has ended, and it is expected that the next 6 to 12 months will enter a bear market or consolidation phase." For the past two years, although the indicators are still in a critical state, I have been predicting the emergence of a bullish market. Sorry to change my perspective, but now it seems clear that we are entering a bear market. He pointed out that indicators based on realized market capitalization showed a lack of new liquidity, failed to drive prices up despite huge trading volumes, and ETF inflows have been negative for three consecutive weeks. He stressed that although he does not intend to short Bitcoin, he cannot continue to share his hopes just when the data constantly shows bearish signals. In response to a question from netizens "Why not short BTC", he pointed out that he believes that it may take 6-12 months to break the ATH (all-time high), not that we are facing a -70% crash. New liquidity channels and reduced risk of contagion make a significant decline unlikely. There seems to be a greater probability of a sideways consolidation of the price over a wider range. #Bitcoin bull cycle is over, expecting 6–12 months of bearish or sideways price action. pic.twitter.com/f80bnNhjy4 — Ki Young Ju (@ki_young_ju) March 17, 2025 Related stories BlackRock sets the tone: Bitcoin is more like a "safe-haven asset", Plan B shouts that 1 million magnesium will become a laughing stock on BTC next year BlackRock: Bitcoin is not a risk asset, Digital gold positioning will become clearer Trump will speak at the cryptocurrency conference tomorrow, will disclose the major progress of bitcoin reserves? "PlanB shouts that the real bull market has not yet begun: Bitcoin targets $160,000 this year, four-year cycle convention may be broken" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".