According to Golden Finance, cryptocurrency analyst PlanB posted on X today that although some people called for a bear market to come, he did not agree. He noted that Bitcoin’s 200-week arithmetic and geometric averages have been consistently close for more than a year, indicating a reduced volatility and a steady and sustained upward trend. Data shows that the price of Bitcoin rose from $20,000 to $40,000 in 2023 and from $40,000 to $80,000 in 2024. PlanB further speculates that if this steady upward trend continues, the price of Bitcoin could reach $160,000 in 2025, $320,000 in 2026, $640,000 in 2027, and so on. He believes that if this happens, it may mean that the traditional four-year bull and bear cycle will end early, even though it is earlier than he had expected, it is more in line with a mature market character. PlanB also stressed that a real bear market (expressed by the convergence of arithmetic averages and geometric averages) will only occur after a real bull market (expressed by the divergence of arithmetic averages and geometric averages), and he believes that there is no real bull market yet.