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PlanB: Bitcoin may have stabilized at the $100,000 level, with resistance turning into support

Oct 07, 2025 17:44:01

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ChainCatcher news, renowned analyst PlanB stated that 63% of people believe Bitcoin will drop below $100,000, but he thinks this scenario is unlikely to happen. Bitcoin is undergoing the process of the $100,000 resistance level turning into a support level, with September marking the fifth consecutive month closing above $100,000. A similar situation previously occurred at the key price levels of $10,000, $1,000, $100, and $10.

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