PlanB Predicts Bitcoin Support at $100,000: Turning Resistance into Bullish Signal

Bitcoin’s persistent price surges above $100,000 for the fifth consecutive month has fueled optimism among analysts. Renowned Bitcoin expert PlanB, renowned for his Bitcoin Stock-to-Flow model, predicts a shift in market sentiment, believing that the $100,000 level will evolve into support, marking a significant turning point for Bitcoin’s trajectory. This bullish outlook stems from both institutional interest and on-chain activity driving a robust market confidence.