比特币（BTC）说，Planb驳回了熊市的电话，尚未达到这个周期

分析师最近进行的比特币价格分析主要集中在该周期中领先的加密货币是否已经达到顶峰的概念上。通过PLANB。

Recent Bitcoin price analyses from analysts have been mostly centred on the notion of whether the leading cryptocurrency has already reached its peak this cycle. Bearish sentiment is already creeping in among investors, and the outlook is now whether BTC and the entire crypto industry have transitioned into a bear market.

分析师最近进行的比特币价格分析主要集中在该周期中领先的加密货币是否已经达到顶峰的概念上。看跌的情绪已经在投资者中蔓延，现在前景是BTC和整个加密货币行业是否已经过渡到熊市。

Interestingly, crypto analyst PlanB, widely followed for his stock-to-flow model and long-standing BTC forecasts, has pushed back against growing speculation that the market is transitioning into a bearish phase.

有趣的是，Crypto Analyst Planb广泛遵循其股票对流量模型和长期存在的BTC预测，他们反对越来越多的猜测市场正在过渡到看跌阶段。

PlanB Dismisses Bear Market Calls, Says Bear Market Has Not Arrived

Planb驳回了熊市的电话，说熊市尚未到达

Taking to social media platform X, crypto analyst PlanB laid out a compelling argument for why he believes Bitcoin is still in the middle of a sustainable uptrend, one that could see the price doubling once again by 2025. His interesting argument comes alongside other new outlooks from analysts, who are now noting key bullish signals for Bitcoin.

加密分析师在进入社交媒体平台X上，提出了一个令人信服的论点，说明他为什么认为比特币仍处于可持续性上升趋势的中间，到2025年，价格再次增加了价格。

PlanB’s latest analysis is based on Bitcoin’s 200-week arithmetic and geometric moving averages, which are two long-term trend indicators analysts use to distinguish between bull and bear market phases. According to him, these two averages have been ‘close’ together for over a year. The close movement of these moving averages goes against a downward trend but rather a steady uptrend with reduced volatility.

PLANB的最新分析基于比特币的200周算术和几何移动平均值，这是分析师用来区分牛市和熊市阶段的两个长期趋势指标。据他说，这两个平均值已经“近距离”了一年多。这些移动平均值的紧密移动违背了下降趋势，但稳定的上升趋势会降低波动。

He explained that a real bear market usually comes after a true bull run, which is characterized by a sharp divergence between the two averages. Since that divergence has yet to happen in the current cycle, PlanB argues that the market has not experienced a real bull phase, let alone entered a bear phase.

他解释说，真正的熊市通常是在真正的公牛奔跑之后出现的，其特征是两个平均值之间存在急剧分歧。由于这种分歧在当前周期尚未发生，Planb认为市场并没有经历过真正的牛阶段，更不用说进入熊阶段了。

Looking Ahead: Bitcoin Price To Double In 2025

展望未来：比特币价格在2025年加倍

Expanding on this theme, PlanB pointed to Bitcoin’s performance over the past two years, noting a steady and predictable doubling of the price. Bitcoin rose from around $20,000 in 2022 to approximately $40,000 in 2023 and first moved to the $80,000 range in early 2024. If this pattern holds, the analyst predicted that Bitcoin could reach $160,000 by the end of 2025.

Planb在扩展这一主题的情况下指出了比特币在过去两年中的性能，并指出了价格的稳定且可预测的加倍。比特币从2022年的20,000美元上升至2023年的约40,000美元，并首先升至2024年初的80,000美元。如果这种模式成立，分析师预测，到2025年底，比特币可以达到160,000美元。

PlanB acknowledged that this trajectory if it continues, could be the end to the traditional four-year cycle theory that has predicted Bitcoin’s market psychology since its launch. Nonetheless, such a change would be more fitting for a maturing asset class like BTC, which has pierced into the institutional market in the past year.

Planb承认，如果这种轨迹继续进行，则可能是传统的四年周期理论的终结，该理论预测了比特币发射以来的市场心理学。尽管如此，这种变化将更适合像BTC这样的成熟资产类别，BTC在过去的一年中一直进入机构市场。

If PlanB’s projection of a price-doubling trend holds, BTC could be on track for not just $160,000 in 2025. According to the analyst’s prediction, the rate of uptrend means that Bitcoin has the chance to trade at $320,000 in 2026 and $640,000 sometime in 2027.

如果Planb对价格上涨趋势的预测持续存在，BTC可能不仅在2025年以160,000美元的价格行驶。根据分析师的预测，上升趋势的速度意味着比特币有机会在2026年以32万美元的价格交易，而2027年某个时候则有640,000美元。