PlanB: BTC has surpassed all major realized prices and is expected to reach a new high in this cycle

PlanB posted on platform X that BTC is currently around $87,000, having surpassed all major realized prices, with the overall realized price at about $53,000, the 155-day realized price at about $72,000, and the 2-year realized price at about $86,000.

He believes that the possibility of BTC dropping below $53,000 in this cycle is low, and the view that "BTC will retest the overall realized price like in previous bear markets" has lost its last relatively clear condition for establishment. He also stated that the trend from 2025 to 2026 aligns with the characteristics of historically smoother bull and bear cycles, expecting BTC to reach new highs during this halving cycle (2024-2028).